diff --git a/pkg/api/persistentvolume/util.go b/pkg/api/persistentvolume/util.go
index 28f1bfc0c54..1e34c995102 100644
--- a/pkg/api/persistentvolume/util.go
+++ b/pkg/api/persistentvolume/util.go
@@ -41,6 +41,14 @@ func DropDisabledSpecFields(pvSpec *api.PersistentVolumeSpec, oldPVSpec *api.Per
 	}
 }
 
+// DropDisabledStatusFields removes disabled fields from the pv status.
+// This should be called from PrepareForUpdate for all resources containing a pv status.
+func DropDisabledStatusFields(oldStatus, newStatus *api.PersistentVolumeStatus) {
+	if !utilfeature.DefaultFeatureGate.Enabled(features.PersistentVolumeLastPhaseTransitionTime) && oldStatus.LastPhaseTransitionTime.IsZero() {
+		newStatus.LastPhaseTransitionTime = nil
+	}
+}
+
 func hasNodeExpansionSecrets(oldPVSpec *api.PersistentVolumeSpec) bool {
 	if oldPVSpec == nil || oldPVSpec.CSI == nil {
 		return false
diff --git a/pkg/registry/core/persistentvolume/strategy.go b/pkg/registry/core/persistentvolume/strategy.go
index 16c1d9528df..d33a3f0a925 100644
--- a/pkg/registry/core/persistentvolume/strategy.go
+++ b/pkg/registry/core/persistentvolume/strategy.go
@@ -19,6 +19,9 @@ package persistentvolume
 import (
 	"context"
 	"fmt"
+	metav1 "k8s.io/apimachinery/pkg/apis/meta/v1"
+	utilfeature "k8s.io/apiserver/pkg/util/feature"
+	"k8s.io/kubernetes/pkg/features"
 
 	"k8s.io/apimachinery/pkg/fields"
 	"k8s.io/apimachinery/pkg/labels"
@@ -66,6 +69,12 @@ func (persistentvolumeStrategy) PrepareForCreate(ctx context.Context, obj runtim
 	pv := obj.(*api.PersistentVolume)
 	pv.Status = api.PersistentVolumeStatus{}
 
+	if utilfeature.DefaultFeatureGate.Enabled(features.PersistentVolumeLastPhaseTransitionTime) {
+		pv.Status.Phase = api.VolumePending
+		now := nowFunc()
+		pv.Status.LastPhaseTransitionTime = &now
+	}
+
 	pvutil.DropDisabledSpecFields(&pv.Spec, nil)
 }
 
@@ -134,11 +143,28 @@ func (persistentvolumeStatusStrategy) GetResetFields() map[fieldpath.APIVersion]
 	return fields
 }
 
+var nowFunc = metav1.Now
+
 // PrepareForUpdate sets the Spec field which is not allowed to be changed when updating a PV's Status
 func (persistentvolumeStatusStrategy) PrepareForUpdate(ctx context.Context, obj, old runtime.Object) {
 	newPv := obj.(*api.PersistentVolume)
 	oldPv := old.(*api.PersistentVolume)
 	newPv.Spec = oldPv.Spec
+
+	if utilfeature.DefaultFeatureGate.Enabled(features.PersistentVolumeLastPhaseTransitionTime) {
+		switch {
+		case oldPv.Status.Phase == newPv.Status.Phase && newPv.Status.LastPhaseTransitionTime == nil:
+			// phase didn't change, preserve the existing transition time if set
+			newPv.Status.LastPhaseTransitionTime = oldPv.Status.LastPhaseTransitionTime
+
+		case oldPv.Status.Phase != newPv.Status.Phase && (newPv.Status.LastPhaseTransitionTime == nil || newPv.Status.LastPhaseTransitionTime.Equal(oldPv.Status.LastPhaseTransitionTime)):
+			// phase changed and client didn't set or didn't change the transition time
+			now := nowFunc()
+			newPv.Status.LastPhaseTransitionTime = &now
+		}
+	}
+
+	pvutil.DropDisabledStatusFields(&oldPv.Status, &newPv.Status)
 }
 
 func (persistentvolumeStatusStrategy) ValidateUpdate(ctx context.Context, obj, old runtime.Object) field.ErrorList {