diff --git a/java-storage-transfer/google-cloud-storage-transfer-bom/pom.xml b/java-storage-transfer/google-cloud-storage-transfer-bom/pom.xml
index 28a47503ca04..99e98e566b88 100644
--- a/java-storage-transfer/google-cloud-storage-transfer-bom/pom.xml
+++ b/java-storage-transfer/google-cloud-storage-transfer-bom/pom.xml
@@ -8,7 +8,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-shared-config</artifactId>
-    <version>1.4.0</version>
+    <version>1.5.0</version>
   </parent>
 
   <name>Google Storage Transfer Service BOM</name>
diff --git a/java-storage-transfer/pom.xml b/java-storage-transfer/pom.xml
index 38a4bcaecda3..fb363532c24d 100644
--- a/java-storage-transfer/pom.xml
+++ b/java-storage-transfer/pom.xml
@@ -14,7 +14,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-shared-config</artifactId>
-    <version>1.4.0</version>
+    <version>1.5.0</version>
   </parent>
 
   <developers>