diff --git a/docs/options.md b/docs/options.md
index 3efb2b04..a4e1c0fb 100644
--- a/docs/options.md
+++ b/docs/options.md
@@ -80,4 +80,4 @@ The `dereference` options control how JSON Schema $Ref Parser will dereference `
 |:---------------------|:-------------------|:------------
 |`circular`|`boolean` or `"ignore"`|Determines whether [circular `$ref` pointers](README.md#circular-refs) are handled.<br><br>If set to `false`, then a `ReferenceError` will be thrown if the schema contains any circular references.<br><br> If set to `"ignore"`, then circular references will simply be ignored.  No error will be thrown, but the [`$Refs.circular`](refs.md#circular) property will still be set to `true`.
 |`excludedPathMatcher`|`(string) => boolean`|A function, called for each path, which can return true to stop this path and all subpaths from being dereferenced further. This is useful in schemas where some subpaths contain literal `$ref` keys that should not be dereferenced.
-|`onDereference`|`(string, JSONSchemaObjectType) => void`|A function, called immediately after dereferencing, with the resolved JSON Schema value and the `$ref` being dereferenced.
+|`onDereference`|`(string, JSONSchemaObjectType, JSONSchemaObjectType, string) => void`|A function, called immediately after dereferencing, with: the resolved JSON Schema value, the `$ref` being dereferenced, the object holding the dereferenced prop, the dereferenced prop name.
diff --git a/lib/dereference.ts b/lib/dereference.ts
index b97f12b5..ec4c6e18 100644
--- a/lib/dereference.ts
+++ b/lib/dereference.ts
@@ -107,7 +107,7 @@ function crawl(
             if (obj[key] !== dereferenced.value) {
               obj[key] = dereferenced.value;
               if (options.dereference.onDereference) {
-                options.dereference.onDereference(value.$ref, obj[key]);
+                options.dereference.onDereference(value.$ref, obj[key], obj, key);
               }
             }
           } else {
diff --git a/lib/options.ts b/lib/options.ts
index 54feb74a..86f13e62 100644
--- a/lib/options.ts
+++ b/lib/options.ts
@@ -79,10 +79,12 @@ interface $RefParserOptions {
     /**
      * Callback invoked during dereferencing.
      *
-     * @argument {string} path The path being dereferenced (ie. the `$ref` string).
-     * @argument {JSONSchemaObject} object The JSON-Schema that the `$ref` resolved to.
+     * @argument {string} path - The path being dereferenced (ie. the `$ref` string)
+     * @argument {JSONSchemaObject} value - The JSON-Schema that the `$ref` resolved to
+     * @argument {JSONSchemaObject} parent - The parent of the dereferenced object
+     * @argument {string} parentPropName - The prop name of the parent object whose value was dereferenced
      */
-    onDereference?(path: string, value: JSONSchemaObject): void;
+    onDereference?(path: string, value: JSONSchemaObject, parent?: JSONSchemaObject, parentPropName?: string): void;
 
     /**
      * Whether a reference should resolve relative to its directory/path, or from the cwd
diff --git a/test/specs/dereference-callback/dereference-callback.spec.ts b/test/specs/dereference-callback/dereference-callback.spec.ts
index 5e3d74a8..4f4979c9 100644
--- a/test/specs/dereference-callback/dereference-callback.spec.ts
+++ b/test/specs/dereference-callback/dereference-callback.spec.ts
@@ -12,15 +12,40 @@ describe("Schema with a $ref", () => {
     const schema = pathUtils.rel("test/specs/dereference-callback/dereference-callback.yaml");
     const options = {
       dereference: {
-        onDereference(path: any, object: any) {
-          calls.push({ path, object });
+        onDereference(path, value, parent, parentPropName) {
+          calls.push({ path, value, parent, parentPropName });
         },
       },
     } as Options;
     await parser.dereference(schema, options);
+
     expect(calls).to.deep.equal([
-      { path: "#/definitions/b", object: { $ref: "#/definitions/a" } },
-      { path: "#/definitions/a", object: { $ref: "#/definitions/a" } },
+      {
+        path: "#/definitions/b",
+        value: { $ref: "#/definitions/a" },
+        parent: {
+          a: {
+            $ref: "#/definitions/a",
+          },
+          b: {
+            $ref: "#/definitions/a",
+          },
+        },
+        parentPropName: "a",
+      },
+      {
+        path: "#/definitions/a",
+        value: { $ref: "#/definitions/a" },
+        parent: {
+          c: {
+            type: "string",
+          },
+          d: {
+            $ref: "#/definitions/a",
+          },
+        },
+        parentPropName: "d",
+      },
     ]);
   });
 });