diff --git a/src/Rules/SensitiveParameterPropagationRule.php b/src/Rules/SensitiveParameterPropagationRule.php
index dce6465..ee80958 100644
--- a/src/Rules/SensitiveParameterPropagationRule.php
+++ b/src/Rules/SensitiveParameterPropagationRule.php
@@ -143,6 +143,12 @@ private function resolveCallee(CallLike $node, Scope $scope): ?array
                 return null;
             }
 
+            // Wrapping a sensitive value in SensitiveParameterValue is the
+            // intended safe pattern – never flag it as missing propagation.
+            if ($type->getObjectClassNames() === ['SensitiveParameterValue']) {
+                return null;
+            }
+
             $method = $type->getMethod('__construct', $scope);
             $variant = $this->selectVariant($scope, $node, $method->getVariants(), $method->getNamedArgumentsVariants());
 
diff --git a/tests/Fixtures/Propagation/PropagationCases.php b/tests/Fixtures/Propagation/PropagationCases.php
index 27c9198..a2e1977 100644
--- a/tests/Fixtures/Propagation/PropagationCases.php
+++ b/tests/Fixtures/Propagation/PropagationCases.php
@@ -5,6 +5,7 @@
 namespace Tests\Fixtures\Propagation;
 
 use SensitiveParameter;
+use SensitiveParameterValue;
 
 /**
  * Test fixture for SensitiveParameterPropagationRule: a parameter marked
@@ -88,6 +89,12 @@ public function reassignedParameterIsNotFlagged(#[SensitiveParameter] string $pa
         $this->nonSensitiveMethod($password);
     }
 
+    // $value is marked sensitive and wrapped in SensitiveParameterValue - should NOT trigger warning
+    public function wrappedInSensitiveParameterValueIsNotFlagged(#[SensitiveParameter] string $value): void
+    {
+        new SensitiveParameterValue($value);
+    }
+
     // Helper callee whose parameter is NOT sensitive
     public function nonSensitiveMethod(string $password): void
     {
diff --git a/tests/Propagation/SensitiveParameterPropagationTest.php b/tests/Propagation/SensitiveParameterPropagationTest.php
index 258e58c..a3f1836 100644
--- a/tests/Propagation/SensitiveParameterPropagationTest.php
+++ b/tests/Propagation/SensitiveParameterPropagationTest.php
@@ -6,23 +6,23 @@
     $this->analyse([__DIR__.'/../Fixtures/Propagation/PropagationCases.php'], [
         [
             'Parameter $password is marked #[\\SensitiveParameter] but is passed to a parameter ($password) that is not itself marked with #[\\SensitiveParameter]. Add the attribute there too or ignore with `@phpstan-ignore sensitiveParameter.propagation`.',
-            24,
+            25,
         ],
         [
             'Parameter $token is marked #[\\SensitiveParameter] but is passed to a parameter ($token) that is not itself marked with #[\\SensitiveParameter]. Add the attribute there too or ignore with `@phpstan-ignore sensitiveParameter.propagation`.',
-            61,
+            62,
         ],
         [
             'Parameter $secret is marked #[\\SensitiveParameter] but is passed to a parameter ($secret) that is not itself marked with #[\\SensitiveParameter]. Add the attribute there too or ignore with `@phpstan-ignore sensitiveParameter.propagation`.',
-            67,
+            68,
         ],
         [
             'Parameter $apiKey is marked #[\\SensitiveParameter] but is passed to a parameter ($apiKey) that is not itself marked with #[\\SensitiveParameter]. Add the attribute there too or ignore with `@phpstan-ignore sensitiveParameter.propagation`.',
-            73,
+            74,
         ],
         [
             'Parameter $secret is marked #[\\SensitiveParameter] but is passed to a parameter ($values) that is not itself marked with #[\\SensitiveParameter]. Add the attribute there too or ignore with `@phpstan-ignore sensitiveParameter.propagation`.',
-            80,
+            81,
         ],
     ]);
 });