diff --git a/flags/flags.go b/flags/flags.go
index c6a1dbb3..765b9e35 100644
--- a/flags/flags.go
+++ b/flags/flags.go
@@ -28,6 +28,11 @@ import (
 // pflag's command line flags.
 func Import(defmap map[string]string) {
 	klog.InitFlags(nil)
+	// Opt into the new klog behavior so that -stderrthreshold is honored even
+	// when -logtostderr=true (the default).
+	// Ref: kubernetes/klog#212, kubernetes/klog#432
+	flag.Set("legacy_stderr_threshold_behavior", "false") //nolint:errcheck
+	flag.Set("stderrthreshold", "INFO")                   //nolint:errcheck
 	for k, v := range defmap {
 		if f := flag.Lookup(k); f != nil {
 			f.Value.Set(v)
diff --git a/go.mod b/go.mod
index cd790e91..bcdf2dbf 100644
--- a/go.mod
+++ b/go.mod
@@ -40,7 +40,7 @@ require (
 	k8s.io/api v0.31.2
 	k8s.io/apimachinery v0.31.2
 	k8s.io/client-go v0.31.2
-	k8s.io/klog/v2 v2.130.1
+	k8s.io/klog/v2 v2.140.0
 	k8s.io/utils v0.0.0-20240902221715-702e33fdd3c3
 	sigs.k8s.io/controller-runtime v0.19.0
 	sigs.k8s.io/yaml v1.4.0
diff --git a/go.sum b/go.sum
index 9462483b..a59699b5 100644
--- a/go.sum
+++ b/go.sum
@@ -2157,8 +2157,8 @@ k8s.io/apimachinery v0.31.2 h1:i4vUt2hPK56W6mlT7Ry+AO8eEsyxMD1U44NR22CLTYw=
 k8s.io/apimachinery v0.31.2/go.mod h1:rsPdaZJfTfLsNJSQzNHQvYoTmxhoOEofxtOsF3rtsMo=
 k8s.io/client-go v0.31.2 h1:Y2F4dxU5d3AQj+ybwSMqQnpZH9F30//1ObxOKlTI9yc=
 k8s.io/client-go v0.31.2/go.mod h1:NPa74jSVR/+eez2dFsEIHNa+3o09vtNaWwWwb1qSxSs=
-k8s.io/klog/v2 v2.130.1 h1:n9Xl7H1Xvksem4KFG4PYbdQCQxqc/tTUyrgXaOhHSzk=
-k8s.io/klog/v2 v2.130.1/go.mod h1:3Jpz1GvMt720eyJH1ckRHK1EDfpxISzJ7I9OYgaDtPE=
+k8s.io/klog/v2 v2.140.0 h1:Tf+J3AH7xnUzZyVVXhTgGhEKnFqye14aadWv7bzXdzc=
+k8s.io/klog/v2 v2.140.0/go.mod h1:o+/RWfJ6PwpnFn7OyAG3QnO47BFsymfEfrz6XyYSSp0=
 k8s.io/kube-openapi v0.0.0-20240521193020-835d969ad83a h1:zD1uj3Jf+mD4zmA7W+goE5TxDkI7OGJjBNBzq5fJtLA=
 k8s.io/kube-openapi v0.0.0-20240521193020-835d969ad83a/go.mod h1:UxDHUPsUwTOOxSU+oXURfFBcAS6JwiRXTYqYwfuGowc=
 k8s.io/utils v0.0.0-20240902221715-702e33fdd3c3 h1:b2FmK8YH+QEwq/Sy2uAEhmqL5nPfGYbJOcaqjeYYZoA=