diff --git a/CHANGELOG.md b/CHANGELOG.md
index 6cfbf3cc7f..8353038c94 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,10 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## Unreleased
 
+### Added
+
+- Added the `SPLIT` activity type to the database schema as a foundation for upcoming stock split support
+
 ### Changed
 
 - Deprecated `firstOrderDate` in favor of `dateOfFirstActivity` in the `GET api/v2/portfolio/performance` endpoint
diff --git a/prisma/migrations/20260726075759_added_split_activity_type/migration.sql b/prisma/migrations/20260726075759_added_split_activity_type/migration.sql
new file mode 100644
index 0000000000..618c241b84
--- /dev/null
+++ b/prisma/migrations/20260726075759_added_split_activity_type/migration.sql
@@ -0,0 +1,2 @@
+-- AlterEnum
+ALTER TYPE "Type" ADD VALUE 'SPLIT';
diff --git a/prisma/schema.prisma b/prisma/schema.prisma
index 733399506d..f596b24fe2 100644
--- a/prisma/schema.prisma
+++ b/prisma/schema.prisma
@@ -379,6 +379,7 @@ enum Type {
   INTEREST
   LIABILITY
   SELL
+  SPLIT
 }
 
 enum ViewMode {