diff --git a/CHANGELOG.md b/CHANGELOG.md
index 4fdcfb1..5788461 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,13 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [0.0.3] - 2026-02-10
+
+### Fixed
+- **Compilation**: Fixed GCC `-Wrestrict` warning in Linux directory watching code by replacing `strncpy` with `memmove` for overlapping memory operations
+  - Ensures clean compilation without warnings while maintaining identical runtime behavior
+  - Uses semantically correct function for moving memory within the same buffer
+
 ## [0.0.2] - 2026-02-09
 
 ### Fixed
@@ -37,6 +44,7 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 - Dependency management and versioning not yet implemented
 - API is unstable and subject to change in future releases
 
-[Unreleased]: https://github.com/anth64/stk/compare/v0.0.2...HEAD
+[Unreleased]: https://github.com/anth64/stk/compare/v0.0.3...HEAD
+[0.0.3]: https://github.com/anth64/stk/releases/tag/v0.0.3
 [0.0.2]: https://github.com/anth64/stk/releases/tag/v0.0.2
 [0.0.1]: https://github.com/anth64/stk/releases/tag/v0.0.1
diff --git a/README.md b/README.md
index 63d4756..85a755e 100644
--- a/README.md
+++ b/README.md
@@ -173,15 +173,15 @@ stk_init();
 
 ## Project Status
 
-**Current Version:** 0.0.2 (Pre-release)
+**Current Version:** 0.0.3 (Pre-release)
 
-This is an early bugfix release improving hot-reload stability on Linux. Phase 1 is still in progress.
+This is an early bugfix release improving compilation warnings on Linux. Phase 1 is still in progress.
 
 ### What Works
 - Cross-platform module loading and hot-reloading
 - File watching (inotify/kqueue/FindFirstFile)
 - Basic error handling
-- Stable hot-reload even during rapid file changes (Linux fix in 0.0.2)
+- Stable hot-reload even during rapid file changes
 
 ### In Progress (Phase 1)
 - Complete logging system (log levels, verbosity, output configuration)
diff --git a/include/stk_version.h b/include/stk_version.h
index 7361175..0101c76 100644
--- a/include/stk_version.h
+++ b/include/stk_version.h
@@ -3,7 +3,7 @@
 
 #define STK_VERSION_MAJOR 0
 #define STK_VERSION_MINOR 0
-#define STK_VERSION_PATCH 2
+#define STK_VERSION_PATCH 3
 
 #define STK_STRINGIFY_HELPER(x) #x
 #define STK_STRINGIFY(x) STK_STRINGIFY_HELPER(x)