diff --git a/doc/build/changelog/changelog_14.rst b/doc/build/changelog/changelog_14.rst
index eacb83edfd..fa70f56064 100644
--- a/doc/build/changelog/changelog_14.rst
+++ b/doc/build/changelog/changelog_14.rst
@@ -13,6 +13,10 @@ This document details individual issue-level changes made throughout
         :start-line: 5
 
 
+.. changelog::
+    :version: 1.4.33
+    :include_notes_from: unreleased_14
+
 .. changelog::
     :version: 1.4.32
     :released: March 6, 2022
diff --git a/lib/sqlalchemy/__init__.py b/lib/sqlalchemy/__init__.py
index 9fb3695132..fc34b3ab26 100644
--- a/lib/sqlalchemy/__init__.py
+++ b/lib/sqlalchemy/__init__.py
@@ -131,7 +131,7 @@ from .types import VARBINARY
 from .types import VARCHAR
 
 
-__version__ = "1.4.32"
+__version__ = "1.4.33"
 
 
 def __go(lcls):