diff --git a/src/shade/errors.py b/src/shade/errors.py
index 710bf34..dbbcfbc 100644
--- a/src/shade/errors.py
+++ b/src/shade/errors.py
@@ -1,5 +1,6 @@
 from __future__ import annotations
 
+import json
 from typing import Optional
 
 
@@ -32,7 +33,44 @@ class InvalidRequestError(ShadeError):
 
 
 class NotFoundError(ShadeError):
-    """Raised when an API resource cannot be found."""
+    """Raised on HTTP 404 responses.
+
+    Attributes:
+        resource_type: Kind of resource that was not found (e.g. "payment", "invoice").
+        resource_id:   ID of the missing resource.
+    """
+
+    def __init__(
+        self,
+        message: str,
+        status_code: Optional[int] = None,
+        response_body: Optional[str] = None,
+        resource_type: Optional[str] = None,
+        resource_id: Optional[str] = None,
+    ) -> None:
+        super().__init__(message, status_code, response_body)
+        parsed = _parse_body(response_body)
+        self.resource_type: Optional[str] = resource_type or parsed.get("resource_type")
+        self.resource_id: Optional[str] = resource_id or parsed.get("resource_id")
+
+    @classmethod
+    def from_response(
+        cls,
+        message: str,
+        response_body: Optional[str] = None,
+    ) -> "NotFoundError":
+        """Construct from a raw 404 response body."""
+        return cls(message, status_code=404, response_body=response_body)
+
+
+def _parse_body(response_body: Optional[str]) -> dict:
+    if not response_body:
+        return {}
+    try:
+        data = json.loads(response_body)
+        return data if isinstance(data, dict) else {}
+    except (json.JSONDecodeError, ValueError):
+        return {}
 
 
 class NetworkError(ShadeError):
diff --git a/tests/test_errors.py b/tests/test_errors.py
index 4339d2b..c8fbe64 100644
--- a/tests/test_errors.py
+++ b/tests/test_errors.py
@@ -49,3 +49,61 @@ def test_package_root_exports_error_classes():
     assert shade.InvalidRequestError is InvalidRequestError
     assert shade.NetworkError is NetworkError
     assert shade.NotFoundError is NotFoundError
+
+
+def test_not_found_error_is_shade_error():
+    error = NotFoundError("not found", status_code=404)
+    assert isinstance(error, ShadeError)
+
+
+def test_not_found_error_parses_resource_from_body():
+    body = '{"resource_type": "payment", "resource_id": "pay_abc123"}'
+    error = NotFoundError("not found", status_code=404, response_body=body)
+
+    assert error.resource_type == "payment"
+    assert error.resource_id == "pay_abc123"
+
+
+def test_not_found_error_explicit_attrs_override_body():
+    body = '{"resource_type": "invoice", "resource_id": "inv_999"}'
+    error = NotFoundError(
+        "not found",
+        status_code=404,
+        response_body=body,
+        resource_type="payment",
+        resource_id="pay_001",
+    )
+
+    assert error.resource_type == "payment"
+    assert error.resource_id == "pay_001"
+
+
+def test_not_found_error_none_when_body_missing():
+    error = NotFoundError("not found", status_code=404)
+
+    assert error.resource_type is None
+    assert error.resource_id is None
+
+
+def test_not_found_error_none_when_body_lacks_fields():
+    error = NotFoundError("not found", status_code=404, response_body='{"error":"gone"}')
+
+    assert error.resource_type is None
+    assert error.resource_id is None
+
+
+def test_not_found_error_from_response_factory():
+    body = '{"resource_type": "invoice", "resource_id": "inv_456"}'
+    error = NotFoundError.from_response("invoice not found", response_body=body)
+
+    assert error.status_code == 404
+    assert error.resource_type == "invoice"
+    assert error.resource_id == "inv_456"
+    assert isinstance(error, ShadeError)
+
+
+def test_not_found_error_invalid_json_body():
+    error = NotFoundError("not found", status_code=404, response_body="not-json")
+
+    assert error.resource_type is None
+    assert error.resource_id is None