diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8ac205a710..2f76d13127 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,15 @@
 # PowerShell Extension Release History
 
+## v2022.5.4-preview
+### Thursday, May 19, 2022
+
+#### [vscode-powershell](https://github.com/PowerShell/vscode-powershell)
+
+
+#### [PowerShellEditorServices](https://github.com/PowerShell/PowerShellEditorServices)
+
+- 🐛 🛫 [PowerShellEditorServices #1807](https://github.com/PowerShell/PowerShellEditorServices/pull/1807) - Fix startup bug when zero profiles are present.
+
 ## v2022.5.3-preview
 ### Thursday, May 19, 2022
 
diff --git a/package.json b/package.json
index c373118145..283efebcac 100644
--- a/package.json
+++ b/package.json
@@ -1,7 +1,7 @@
 {
   "name": "powershell-preview",
   "displayName": "PowerShell Preview",
-  "version": "2022.5.3",
+  "version": "2022.5.4",
   "preview": true,
   "publisher": "ms-vscode",
   "description": "(Preview) Develop PowerShell modules, commands and scripts in Visual Studio Code!",