diff --git a/CHANGELOG.md b/CHANGELOG.md
index fc4b518f8798e4..01fab1dc7da8cc 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -30,7 +30,8 @@ release.
 </tr>
 <tr>
     <td valign="top">
-<b><a href="doc/changelogs/CHANGELOG_V14.md#14.16.0">14.16.0</a></b><br/>
+<b><a href="doc/changelogs/CHANGELOG_V14.md#14.16.1">14.16.1</a></b><br/>
+<a href="doc/changelogs/CHANGELOG_V14.md#14.16.0">14.16.0</a><br/>
 <a href="doc/changelogs/CHANGELOG_V14.md#14.15.5">14.15.5</a><br/>
 <a href="doc/changelogs/CHANGELOG_V14.md#14.15.4">14.15.4</a><br/>
 <a href="doc/changelogs/CHANGELOG_V14.md#14.15.3">14.15.3</a><br/>
diff --git a/doc/changelogs/CHANGELOG_V14.md b/doc/changelogs/CHANGELOG_V14.md
index 4b938c5f58117c..f23e448349d98b 100644
--- a/doc/changelogs/CHANGELOG_V14.md
+++ b/doc/changelogs/CHANGELOG_V14.md
@@ -11,6 +11,7 @@
 </tr>
 <tr>
 <td valign="top">
+<a href="#14.16.1">14.16.1</a><br/>
 <a href="#14.16.0">14.16.0</a><br/>
 <a href="#14.15.5">14.15.5</a><br/>
 <a href="#14.15.4">14.15.4</a><br/>
@@ -57,6 +58,34 @@
   * [io.js](CHANGELOG_IOJS.md)
   * [Archive](CHANGELOG_ARCHIVE.md)
 
+<a id="14.16.1"></a>
+## 2021-04-06, Version 14.16.1 'Fermium' (LTS), @mylesborins
+
+This is a security release.
+
+### Notable Changes
+
+Vulnerabilities fixed:
+
+* **CVE-2021-3450**: OpenSSL - CA certificate check bypass with X509_V_FLAG_X509_STRICT (High)
+  * This is a vulnerability in OpenSSL which may be exploited through Node.js. You can read more about it in https://www.openssl.org/news/secadv/20210325.txt
+  * Impacts:
+    * All versions of the 15.x, 14.x, 12.x and 10.x releases lines
+* **CVE-2021-3449**: OpenSSL - NULL pointer deref in signature_algorithms processing (High)
+  * This is a vulnerability in OpenSSL which may be exploited through Node.js. You can read more about it in https://www.openssl.org/news/secadv/20210325.txt
+  * Impacts:
+    * All versions of the 15.x, 14.x, 12.x and 10.x releases lines
+* **CVE-2020-7774**: npm upgrade - Update y18n to fix Prototype-Pollution (High)
+  * This is a vulnerability in the y18n NPM module which may be exploited by prototype pollution. You can read more about it in https://github.com/advisories/GHSA-c4w7-xm78-47vh
+  * Impacts:
+    * All versions of the 14.x, 12.x and 10.x releases lines
+
+### Commits
+
+* [[`467be7a950`](https://github.com/nodejs/node/commit/467be7a950)] - **deps**: upgrade npm to 6.14.12 (Ruy Adorno) [#37918](https://github.com/nodejs/node/pull/37918)
+* [[`6bc8f58182`](https://github.com/nodejs/node/commit/6bc8f58182)] - **deps**: update archs files for OpenSSL-1.1.1k (Tobias Nießen) [#37938](https://github.com/nodejs/node/pull/37938)
+* [[`403a014ef6`](https://github.com/nodejs/node/commit/403a014ef6)] - **deps**: upgrade openssl sources to 1.1.1k (Tobias Nießen) [#37938](https://github.com/nodejs/node/pull/37938)
+
 <a id="14.16.0"></a>
 ## 2021-02-23, Version 14.16.0 'Fermium' (LTS), @BethGriggs
 
diff --git a/src/node_version.h b/src/node_version.h
index 3bdccd31eb632e..15dae3ef318d8a 100644
--- a/src/node_version.h
+++ b/src/node_version.h
@@ -29,7 +29,7 @@
 #define NODE_VERSION_IS_LTS 1
 #define NODE_VERSION_LTS_CODENAME "Fermium"
 
-#define NODE_VERSION_IS_RELEASE 0
+#define NODE_VERSION_IS_RELEASE 1
 
 #ifndef NODE_STRINGIFY
 #define NODE_STRINGIFY(n) NODE_STRINGIFY_HELPER(n)