diff --git a/CHANGELOG.md b/CHANGELOG.md
index 673813b7..e19354a0 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,8 @@
 
 Note: For changes to the API, see https://shopify.dev/changelog?filter=api
 ## Unreleased
+
+## 16.3.0 (2026-07-29)
 - [#1443](https://github.com/Shopify/shopify-api-ruby/pull/1443) Add `ShopifyAPI::Utils::ShopValidator` (module) with `sanitize_shop_domain` and `sanitize!`.
 - [#1443](https://github.com/Shopify/shopify-api-ruby/pull/1443) `ShopifyAPI::Auth::TokenExchange.exchange_token` always uses the session token's `dest` claim, instead of the `shop` parameter, that is now deprecated. It will show a deprecation warning and the argument will be removed in the next major version.
 - [#1454](https://github.com/Shopify/shopify-api-ruby/pull/1454) Add support for 2026-07 API version
diff --git a/Gemfile.lock b/Gemfile.lock
index 48279350..101e9cb2 100644
--- a/Gemfile.lock
+++ b/Gemfile.lock
@@ -1,7 +1,7 @@
 PATH
   remote: .
   specs:
-    shopify_api (16.2.0)
+    shopify_api (16.3.0)
       activesupport
       addressable (~> 2.7)
       concurrent-ruby
diff --git a/lib/shopify_api/version.rb b/lib/shopify_api/version.rb
index 06311e57..8b3a2327 100644
--- a/lib/shopify_api/version.rb
+++ b/lib/shopify_api/version.rb
@@ -2,5 +2,5 @@
 # frozen_string_literal: true
 
 module ShopifyAPI
-  VERSION = "16.2.0"
+  VERSION = "16.3.0"
 end