diff --git a/doc/changelog.rst b/doc/changelog.rst
index 3fd2387f9..42efdacba 100644
--- a/doc/changelog.rst
+++ b/doc/changelog.rst
@@ -17,6 +17,8 @@ PyMongo 4.16 brings a number of changes including:
 - Removed support for Eventlet.
   Eventlet is actively being sunset by its maintainers and has compatibility issues with PyMongo's dnspython dependency.
 - Use Zstandard support from the standard library for Python 3.14+, and use ``backports.zstd`` for older versions.
+- Fixed return type annotation for ``find_one_and_*`` methods on :class:`~pymongo.asynchronous.collection.AsyncCollection`
+  and :class:`~pymongo.synchronous.collection.Collection` to include ``None``.
 
 Changes in Version 4.15.5 (2025/XX/XX)
 --------------------------------------
diff --git a/doc/contributors.rst b/doc/contributors.rst
index 08296e959..0bd815ce3 100644
--- a/doc/contributors.rst
+++ b/doc/contributors.rst
@@ -107,3 +107,4 @@ The following is a list of people who have contributed to
 - Jeffrey A. Clark (aclark4life)
 - Steven Silvester (blink1073)
 - Noah Stapp (NoahStapp)
+- Cal Jacobson (cj81499)
diff --git a/pymongo/asynchronous/collection.py b/pymongo/asynchronous/collection.py
index e7e2f5803..53b499249 100644
--- a/pymongo/asynchronous/collection.py
+++ b/pymongo/asynchronous/collection.py
@@ -3310,7 +3310,7 @@ class AsyncCollection(common.BaseObject, Generic[_DocumentType]):
         let: Optional[Mapping[str, Any]] = None,
         comment: Optional[Any] = None,
         **kwargs: Any,
-    ) -> _DocumentType:
+    ) -> Optional[_DocumentType]:
         """Finds a single document and deletes it, returning the document.
 
           >>> await db.test.count_documents({'x': 1})
@@ -3320,6 +3320,10 @@ class AsyncCollection(common.BaseObject, Generic[_DocumentType]):
           >>> await db.test.count_documents({'x': 1})
           1
 
+        Returns ``None`` if no document matches the filter.
+
+          >>> await db.test.find_one_and_delete({'_exists': False})
+
         If multiple documents match *filter*, a *sort* can be applied.
 
           >>> async for doc in db.test.find({'x': 1}):
@@ -3402,10 +3406,22 @@ class AsyncCollection(common.BaseObject, Generic[_DocumentType]):
         let: Optional[Mapping[str, Any]] = None,
         comment: Optional[Any] = None,
         **kwargs: Any,
-    ) -> _DocumentType:
+    ) -> Optional[_DocumentType]:
         """Finds a single document and replaces it, returning either the
         original or the replaced document.
 
+          >>> await db.test.find_one({'x': 1})
+          {'_id': 0, 'x': 1}
+          >>> await db.test.find_one_and_replace({'x': 1}, {'y': 2})
+          {'_id': 0, 'x': 1}
+          >>> await db.test.find_one({'x': 1})
+          >>> await db.test.find_one({'y': 2})
+          {'_id': 0, 'y': 2}
+
+        Returns ``None`` if no document matches the filter.
+
+          >>> await db.test.find_one_and_replace({'_exists': False}, {'x': 1})
+
         The :meth:`find_one_and_replace` method differs from
         :meth:`find_one_and_update` by replacing the document matched by
         *filter*, rather than modifying the existing document.
@@ -3510,13 +3526,17 @@ class AsyncCollection(common.BaseObject, Generic[_DocumentType]):
         let: Optional[Mapping[str, Any]] = None,
         comment: Optional[Any] = None,
         **kwargs: Any,
-    ) -> _DocumentType:
+    ) -> Optional[_DocumentType]:
         """Finds a single document and updates it, returning either the
         original or the updated document.
 
+          >>> await db.test.find_one({'_id': 665})
+          {'_id': 665, 'done': False, 'count': 25}
           >>> await db.test.find_one_and_update(
           ...    {'_id': 665}, {'$inc': {'count': 1}, '$set': {'done': True}})
-          {'_id': 665, 'done': False, 'count': 25}}
+          {'_id': 665, 'done': False, 'count': 25}
+          >>> await db.test.find_one({'_id': 665})
+          {'_id': 665, 'done': True, 'count': 26}
 
         Returns ``None`` if no document matches the filter.
 
diff --git a/pymongo/synchronous/collection.py b/pymongo/synchronous/collection.py
index 4e5f7d08f..edc604733 100644
--- a/pymongo/synchronous/collection.py
+++ b/pymongo/synchronous/collection.py
@@ -3303,7 +3303,7 @@ class Collection(common.BaseObject, Generic[_DocumentType]):
         let: Optional[Mapping[str, Any]] = None,
         comment: Optional[Any] = None,
         **kwargs: Any,
-    ) -> _DocumentType:
+    ) -> Optional[_DocumentType]:
         """Finds a single document and deletes it, returning the document.
 
           >>> db.test.count_documents({'x': 1})
@@ -3313,6 +3313,10 @@ class Collection(common.BaseObject, Generic[_DocumentType]):
           >>> db.test.count_documents({'x': 1})
           1
 
+        Returns ``None`` if no document matches the filter.
+
+          >>> db.test.find_one_and_delete({'_exists': False})
+
         If multiple documents match *filter*, a *sort* can be applied.
 
           >>> for doc in db.test.find({'x': 1}):
@@ -3395,10 +3399,22 @@ class Collection(common.BaseObject, Generic[_DocumentType]):
         let: Optional[Mapping[str, Any]] = None,
         comment: Optional[Any] = None,
         **kwargs: Any,
-    ) -> _DocumentType:
+    ) -> Optional[_DocumentType]:
         """Finds a single document and replaces it, returning either the
         original or the replaced document.
 
+          >>> db.test.find_one({'x': 1})
+          {'_id': 0, 'x': 1}
+          >>> db.test.find_one_and_replace({'x': 1}, {'y': 2})
+          {'_id': 0, 'x': 1}
+          >>> db.test.find_one({'x': 1})
+          >>> db.test.find_one({'y': 2})
+          {'_id': 0, 'y': 2}
+
+        Returns ``None`` if no document matches the filter.
+
+          >>> db.test.find_one_and_replace({'_exists': False}, {'x': 1})
+
         The :meth:`find_one_and_replace` method differs from
         :meth:`find_one_and_update` by replacing the document matched by
         *filter*, rather than modifying the existing document.
@@ -3503,13 +3519,17 @@ class Collection(common.BaseObject, Generic[_DocumentType]):
         let: Optional[Mapping[str, Any]] = None,
         comment: Optional[Any] = None,
         **kwargs: Any,
-    ) -> _DocumentType:
+    ) -> Optional[_DocumentType]:
         """Finds a single document and updates it, returning either the
         original or the updated document.
 
+          >>> db.test.find_one({'_id': 665})
+          {'_id': 665, 'done': False, 'count': 25}
           >>> db.test.find_one_and_update(
           ...    {'_id': 665}, {'$inc': {'count': 1}, '$set': {'done': True}})
-          {'_id': 665, 'done': False, 'count': 25}}
+          {'_id': 665, 'done': False, 'count': 25}
+          >>> db.test.find_one({'_id': 665})
+          {'_id': 665, 'done': True, 'count': 26}
 
         Returns ``None`` if no document matches the filter.