diff --git a/README.rst b/README.rst
index 2045be4..55394ee 100644
--- a/README.rst
+++ b/README.rst
@@ -15,3 +15,7 @@ It contains the following items:
   classes, methods, extensions, and functions.
 - `Security Classification <security-classification.rst>`_: What we consider
   as security issues, their severity, and how to report issues.
+- `Security Policies and Process <security-policies.rst>`_: Policies and
+  process on how and when to update the `security.txt
+  <https://www.php.net/.well-known/security.txt>`_ file on
+  https://www.php.net.
diff --git a/security-policies.rst b/security-policies.rst
new file mode 100644
index 0000000..2bc6ed4
--- /dev/null
+++ b/security-policies.rst
@@ -0,0 +1,84 @@
+=============================
+Security Policies and Process
+=============================
+
+.. IMPORTANT::
+   This is a meta document discussing PHP security policies and processes. For
+   the actual PHP security policy, see the PHP `Vulnerability Disclosure
+   Policy
+   <https://github.com/php/policies/blob/main/security-classification.rst>`_
+   document.
+
+PHP.net security.txt file
+=========================
+
+PHP.net includes a `security.txt
+<https://www.php.net/.well-known/security.txt>_` file that complements the
+`Vulnerability Disclosure Policy
+<https://github.com/php/policies/blob/main/security-classification.rst>`_,
+aiding security vulnerability disclosure. This file implements the standard
+defined in `RFC 9116 <https://www.rfc-editor.org/rfc/rfc9116>`_, and more
+information is available at <https://securitytxt.org>.
+
+RFC 9116 requires an ``Expires`` field in ``security.txt``, and its recommendation
+is for the ``Expires`` field to be less than a year in the future. This provides
+security researchers with confidence they are using our most up-to-date
+reporting policies. To facilitate yearly updates to the ``Expires`` field and
+ensure freshness of the information in ``security.txt``, the PHP release managers
+`update the Expires field as part of the X.Y.0 GA release
+<https://github.com/php/php-src/blob/master/docs/release-process.md#preparing-for-the-initial-stable-version-php-xy0>`_.
+
+From time-to-time, we may update ``security.txt`` with new information, outside
+of the yearly changes to the ``Expires`` field.
+
+Making changes to security.txt
+------------------------------
+
+All changes to ``security.txt`` must be signed by a PHP release manager for a
+`currently supported version of PHP
+<https://www.php.net/supported-versions.php>`_ (at the time of the changes).
+Release managers are the most logical choice for signing this file, since we
+already `publish their PGP keys <https://www.php.net/gpg-keys.php>`_.
+
+To make changes to ``security.txt``:
+
+1. Go to your local clone of `web-php <https://github.com/php/web-php>`_::
+
+	cd /path/to/web-php/.well-known
+
+2. Remove the PGP signature that wraps the body of ``security.txt``::
+
+	gpg --decrypt --output security.txt security.txt
+
+   .. NOTE::
+      To "decrypt" ``security.txt``, you will need the public key of the release
+      manager who last signed it in your GPG keychain.
+
+3. Make and save your changes to this file, e.g., update the ``Expires`` timestamp.
+
+   There should be a "Signed by" comment in the file that looks similar to
+   this::
+
+	# Signed by Ben Ramsey <ramsey@php.net> on 2023-09-28.
+
+   Update this line with your name, the email address associated with the key
+   you're using to sign the file, and the current date.
+
+4. Sign your changes::
+
+	gpg --clearsign --local-user YOU@php.net --output security.txt.asc security.txt
+
+   .. WARNING::
+      You cannot use ``--output`` to output the signature to the same file as the
+      input file or ``gpg`` will result in a signature wrapped around empty content.
+
+5. Last, replace ``security.txt`` with ``security.txt.asc`` and commit your
+   changes::
+
+	mv security.txt.asc security.txt
+	git commit security.txt
+
+   .. NOTE::
+      You may verify the signature with the following command::
+
+      	gpg --verify security.txt