diff --git a/lib/open_project/version.rb b/lib/open_project/version.rb
index c7ed39654c..da878186ff 100644
--- a/lib/open_project/version.rb
+++ b/lib/open_project/version.rb
@@ -33,8 +33,8 @@ require 'open3'
 module OpenProject
   module VERSION #:nodoc:
     MAJOR = 7
-    MINOR = 3
-    PATCH = 1
+    MINOR = 4
+    PATCH = 0
     TINY  = PATCH # Redmine compat
 
     # Used by semver to define the special version (if any).