diff --git a/lib/Doctrine/ORM/UnitOfWork.php b/lib/Doctrine/ORM/UnitOfWork.php
index 4c343f2ec93..bac9c7ac51b 100644
--- a/lib/Doctrine/ORM/UnitOfWork.php
+++ b/lib/Doctrine/ORM/UnitOfWork.php
@@ -1165,12 +1165,12 @@ public function recomputeSingleEntityChangeSet(ClassMetadata $class, $entity)
     private function executeInserts(): void
     {
         $entities = $this->computeInsertExecutionOrder();
+        $eventsToDispatch = [];
 
         foreach ($entities as $entity) {
             $oid       = spl_object_id($entity);
             $class     = $this->em->getClassMetadata(get_class($entity));
             $persister = $this->getEntityPersister($class->name);
-            $invoke    = $this->listenersInvoker->getSubscribedSystems($class, Events::postPersist);
 
             $persister->addInsert($entity);
 
@@ -1197,10 +1197,19 @@ private function executeInserts(): void
                 $this->addToEntityIdentifiersAndEntityMap($class, $oid, $entity);
             }
 
+            $invoke = $this->listenersInvoker->getSubscribedSystems($class, Events::postPersist);
+
             if ($invoke !== ListenersInvoker::INVOKE_NONE) {
-                $this->listenersInvoker->invoke($class, Events::postPersist, $entity, new PostPersistEventArgs($entity, $this->em), $invoke);
+                $eventsToDispatch[] = ['class' => $class, 'entity' => $entity, 'invoke' => $invoke];
             }
         }
+
+        // Mitigation for GH-10869:
+        // Defer dispatching `postPersist` events to until all entities have been inserted and there
+        // are no pending insertions left.
+        foreach ($eventsToDispatch as $event) {
+            $this->listenersInvoker->invoke($event['class'], Events::postPersist, $event['entity'], new PostPersistEventArgs($event['entity'], $this->em), $event['invoke']);
+        }
     }
 
     /**
diff --git a/tests/Doctrine/Tests/ORM/Functional/Ticket/GH10869Test.php b/tests/Doctrine/Tests/ORM/Functional/Ticket/GH10869Test.php
new file mode 100644
index 00000000000..cd99496682c
--- /dev/null
+++ b/tests/Doctrine/Tests/ORM/Functional/Ticket/GH10869Test.php
@@ -0,0 +1,75 @@
+<?php
+
+declare(strict_types=1);
+
+namespace Doctrine\Tests\ORM\Functional\Ticket;
+
+use Doctrine\ORM\Event\PostPersistEventArgs;
+use Doctrine\ORM\Events;
+use Doctrine\ORM\Mapping as ORM;
+use Doctrine\Tests\OrmFunctionalTestCase;
+
+use function sprintf;
+
+class GH10869Test extends OrmFunctionalTestCase
+{
+    protected function setUp(): void
+    {
+        parent::setUp();
+
+        $this->setUpEntitySchema([
+            GH10869Entity::class,
+        ]);
+    }
+
+    public function testPostPersistListenerUpdatingObjectFieldWhileOtherInsertPending(): void
+    {
+        $entity1 = new GH10869Entity();
+        $this->_em->persist($entity1);
+
+        $entity2 = new GH10869Entity();
+        $this->_em->persist($entity2);
+
+        $this->_em->getEventManager()->addEventListener(Events::postPersist, new class {
+            public function postPersist(PostPersistEventArgs $args): void
+            {
+                $object = $args->getObject();
+
+                $objectManager = $args->getObjectManager();
+                $object->field = sprintf('test %s', $object->id);
+                $objectManager->flush();
+            }
+        });
+
+        $this->_em->flush();
+        $this->_em->clear();
+
+        $entity1Reloaded = $this->_em->find(GH10869Entity::class, $entity1->id);
+        self::assertSame($entity1->field, $entity1Reloaded->field);
+
+        $entity2Reloaded = $this->_em->find(GH10869Entity::class, $entity2->id);
+        self::assertSame($entity2->field, $entity2Reloaded->field);
+    }
+}
+
+/**
+ * @ORM\Entity
+ */
+class GH10869Entity
+{
+    /**
+     * @ORM\Id
+     * @ORM\GeneratedValue
+     * @ORM\Column(type="integer")
+     *
+     * @var ?int
+     */
+    public $id;
+
+    /**
+     * @ORM\Column(type="text", nullable=true)
+     *
+     * @var ?string
+     */
+    public $field;
+}