diff --git a/pom.xml b/pom.xml
index 4dc09189..1cb81d9d 100644
--- a/pom.xml
+++ b/pom.xml
@@ -211,7 +211,7 @@
     <!-- These are annotation with a retention of CLASS. They can be freely upgraded. -->
     <node.version>21.7.1</node.version>
     <npm.version>10.5.0</npm.version>
-    <palantir-java-format.version>2.69.0</palantir-java-format.version>
+    <palantir-java-format.version>2.74.0</palantir-java-format.version>
 
     <!-- plugin versions -->
     <asciidoctor-maven-plugin.version>3.2.0</asciidoctor-maven-plugin.version>
diff --git a/src/changelog/.12.x.x/update_com_palantir_javaformat_palantir_java_format.xml b/src/changelog/.12.x.x/update_com_palantir_javaformat_palantir_java_format.xml
index cf242e67..cf89c6cb 100644
--- a/src/changelog/.12.x.x/update_com_palantir_javaformat_palantir_java_format.xml
+++ b/src/changelog/.12.x.x/update_com_palantir_javaformat_palantir_java_format.xml
@@ -3,6 +3,6 @@
        xmlns="https://logging.apache.org/xml/ns"
        xsi:schemaLocation="https://logging.apache.org/xml/ns https://logging.apache.org/xml/ns/log4j-changelog-0.xsd"
        type="updated">
-  <issue id="423" link="https://github.com/apache/logging-parent/pull/423"/>
-  <description format="asciidoc">Update `com.palantir.javaformat:palantir-java-format` to version `2.69.0`</description>
+  <issue id="438" link="https://github.com/apache/logging-parent/pull/438"/>
+  <description format="asciidoc">Update `com.palantir.javaformat:palantir-java-format` to version `2.74.0`</description>
 </entry>