diff --git a/java/ql/lib/semmle/code/java/controlflow/Guards.qll b/java/ql/lib/semmle/code/java/controlflow/Guards.qll
index 778ebe6e8789..a3cffbae459c 100644
--- a/java/ql/lib/semmle/code/java/controlflow/Guards.qll
+++ b/java/ql/lib/semmle/code/java/controlflow/Guards.qll
@@ -141,6 +141,7 @@ private predicate isNonFallThroughPredecessor(SwitchCase sc, ControlFlowNode pre
 
 private module GuardsInput implements SharedGuards::InputSig<Location> {
   private import java as J
+  private import semmle.code.java.dataflow.internal.BaseSSA
   private import semmle.code.java.dataflow.NullGuards as NullGuards
   import SuccessorType
 
@@ -216,6 +217,12 @@ private module GuardsInput implements SharedGuards::InputSig<Location> {
         f.isFinal() and
         f.getInitializer() = NullGuards::baseNotNullExpr()
       )
+      or
+      exists(CatchClause cc, LocalVariableDeclExpr decl, BaseSsaUpdate v |
+        decl = cc.getVariable() and
+        decl = v.getDefiningExpr() and
+        this = v.getAUse()
+      )
     }
   }
 
diff --git a/java/ql/lib/semmle/code/java/dataflow/Nullness.qll b/java/ql/lib/semmle/code/java/dataflow/Nullness.qll
index 02f228d17dbe..756c5d1ae9f7 100644
--- a/java/ql/lib/semmle/code/java/dataflow/Nullness.qll
+++ b/java/ql/lib/semmle/code/java/dataflow/Nullness.qll
@@ -653,7 +653,7 @@ private Expr trackingVarGuard(
       result = integerGuard(trackvar.getAnAccess(), branch, k, isA)
       or
       exists(int k2 |
-        result = integerGuard(trackvar.getAnAccess(), branch.booleanNot(), k2, true) and
+        result = integerGuard(trackvar.getAnAccess(), branch, k2, true) and
         isA = false and
         k2 != k
       )
diff --git a/java/ql/src/change-notes/2025-08-22-nullness-fn.md b/java/ql/src/change-notes/2025-08-22-nullness-fn.md
new file mode 100644
index 000000000000..d8d77a470f68
--- /dev/null
+++ b/java/ql/src/change-notes/2025-08-22-nullness-fn.md
@@ -0,0 +1,4 @@
+---
+category: minorAnalysis
+---
+* Fixed a bug that was causing false negatives in rare cases in the query `java/dereferenced-value-may-be-null`.
diff --git a/java/ql/test/query-tests/Nullness/B.java b/java/ql/test/query-tests/Nullness/B.java
index 99bd6f4a1bae..b21d581535df 100644
--- a/java/ql/test/query-tests/Nullness/B.java
+++ b/java/ql/test/query-tests/Nullness/B.java
@@ -436,4 +436,83 @@ public void corrCondLoop2(boolean a[]) {
       }
     }
   }
+
+  public void loopCorrTest1(int[] a) {
+    boolean ready = a.length > 7;
+    Object x = new Object();
+    for (int i = 0; i < a.length; i++) {
+      // condition correlates with itself through iterations when ready isn't updated
+      if (!ready) {
+        x = null;
+      } else {
+        x.hashCode(); // Spurious NPE - false positive
+      }
+      if ((a[i] & 1) != 0) {
+        ready = (a[i] & 2) != 0;
+        x = new Object();
+      }
+    }
+  }
+
+  public void loopCorrTest2(boolean[] a) {
+    Object x = new Object();
+    boolean cur = a[0];
+    for (int i = 1; i < a.length; i++) {
+      boolean prev = cur;
+      cur = a[i];
+      if (!prev) {
+        // correctly guarded by !cur from the _previous_ iteration
+        x.hashCode(); // Spurious NPE - false positive
+      } else {
+        x = new Object();
+      }
+      if (cur) {
+        x = null;
+      }
+    }
+  }
+
+  public void loopCorrTest3(String[] ss) {
+    Object x = null;
+    Object t = null;
+    for (String s : ss) {
+      if (t == null) {
+        t = s;
+      } else {
+        if (t instanceof String) {
+          x = new Object();
+          t = new Object();
+        }
+        // correctly guarded by t: null -> String -> Object
+        x.hashCode(); // Spurious NPE - false positive
+      }
+    }
+  }
+
+  public void initCorr(boolean b) {
+    Object o2 = b ? null : "";
+    if (b)
+      o2 = "";
+    else
+      o2.hashCode(); // OK
+  }
+
+  public void complexLoopTest(int[] xs, int[] ys) {
+    int len = ys != null ? ys.length : 0;
+    for (int i = 0, j = 0; i < xs.length; i++) {
+      if (j < len && ys[j] == 42) { // OK
+        j++;
+      } else if (j > 0) {
+        ys[0]++; // OK
+      }
+    }
+  }
+
+  public void trackTest(Object o, int n) {
+    boolean isnull = o == null;
+    int c = -1;
+    if (maybe) { }
+    if (c == 100) { return; }
+    o.hashCode(); // NPE
+  }
 }
diff --git a/java/ql/test/query-tests/Nullness/NullMaybe.expected b/java/ql/test/query-tests/Nullness/NullMaybe.expected
index 9f2920293b07..f0d671d58bd0 100644
--- a/java/ql/test/query-tests/Nullness/NullMaybe.expected
+++ b/java/ql/test/query-tests/Nullness/NullMaybe.expected
@@ -18,6 +18,10 @@
 | B.java:279:7:279:7 | a | Variable $@ may be null at this access because of $@ assignment. | B.java:276:5:276:19 | int[] a | a | B.java:276:11:276:18 | a | this |
 | B.java:292:7:292:7 | b | Variable $@ may be null at this access because of $@ assignment. | B.java:287:5:287:44 | int[] b | b | B.java:287:11:287:43 | b | this |
 | B.java:408:7:408:7 | x | Variable $@ may be null at this access as suggested by $@ null guard. | B.java:374:23:374:30 | x | x | B.java:375:23:375:31 | ... != ... | this |
+| B.java:448:9:448:9 | x | Variable $@ may be null at this access because of $@ assignment. | B.java:442:5:442:28 | Object x | x | B.java:446:9:446:16 | ...=... | this |
+| B.java:465:9:465:9 | x | Variable $@ may be null at this access because of $@ assignment. | B.java:458:5:458:28 | Object x | x | B.java:470:9:470:16 | ...=... | this |
+| B.java:487:9:487:9 | x | Variable $@ may be null at this access because of $@ assignment. | B.java:476:5:476:20 | Object x | x | B.java:476:12:476:19 | x | this |
+| B.java:516:5:516:5 | o | Variable $@ may be null at this access as suggested by $@ null guard. | B.java:511:25:511:32 | o | o | B.java:512:22:512:30 | ... == ... | this |
 | C.java:9:44:9:45 | a2 | Variable $@ may be null at this access as suggested by $@ null guard. | C.java:6:5:6:23 | long[][] a2 | a2 | C.java:7:34:7:54 | ... != ... | this |
 | C.java:9:44:9:45 | a2 | Variable $@ may be null at this access because of $@ assignment. | C.java:6:5:6:23 | long[][] a2 | a2 | C.java:6:14:6:22 | a2 | this |
 | C.java:10:17:10:18 | a3 | Variable $@ may be null at this access as suggested by $@ null guard. | C.java:8:5:8:21 | long[] a3 | a3 | C.java:9:38:9:58 | ... != ... | this |