diff --git a/Tools/requirements-dev.txt b/Tools/requirements-dev.txt
index 2fb616e894a734..5b192a4586e5e8 100644
--- a/Tools/requirements-dev.txt
+++ b/Tools/requirements-dev.txt
@@ -3,5 +3,5 @@
 mypy==1.8.0
 
 # needed for peg_generator:
-types-psutil==5.9.5.20240205
+types-psutil==5.9.5.20240516
 types-setuptools==69.1.0.20240301