diff --git a/.github/release-please-manifest.json b/.github/release-please-manifest.json
index 0ee8c012..2537c1f1 100644
--- a/.github/release-please-manifest.json
+++ b/.github/release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "0.3.0"
+  ".": "0.4.0"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index fe249e95..77410ccc 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,6 +5,24 @@ All notable changes to Floe will be documented in this file.
 The format is based on [Keep a Changelog](https://keepachangelog.com/),
 and this project adheres to [Semantic Versioning](https://semver.org/).
 
+## [0.4.0](https://github.com/floeorg/floe/compare/v0.3.0...v0.4.0) (2026-04-04)
+
+
+### ⚠ BREAKING CHANGES
+
+* [#979] Remove auto-await from untrusted async imports ([#980](https://github.com/floeorg/floe/issues/980))
+
+### Features
+
+* [[#979](https://github.com/floeorg/floe/issues/979)] Remove auto-await from untrusted async imports ([#980](https://github.com/floeorg/floe/issues/980)) ([5f74369](https://github.com/floeorg/floe/commit/5f74369259b9b5976b9093b47c52d343714085b3))
+
+
+### Bug Fixes
+
+* [[#977](https://github.com/floeorg/floe/issues/977)] Improve tsgo probe for object destructuring type resolution ([#981](https://github.com/floeorg/floe/issues/981)) ([b0d988d](https://github.com/floeorg/floe/commit/b0d988d537995a72b6127c0afb7f3d42ba77bdfa))
+* Match arm block IIFEs missing return on last expression ([#974](https://github.com/floeorg/floe/issues/974)) ([9c725fa](https://github.com/floeorg/floe/commit/9c725fad15bd5f86bdf57cb6eb8ef9ad56c0ce84))
+* Nested fn declarations not inferred as async with Promise.await ([#971](https://github.com/floeorg/floe/issues/971)) ([266de21](https://github.com/floeorg/floe/commit/266de21d07a4b83d9bdfa4d3b93201cd66007af9))
+
 ## [0.3.0](https://github.com/floeorg/floe/compare/v0.2.1...v0.3.0) (2026-04-03)
 
 
diff --git a/Cargo.lock b/Cargo.lock
index 49bfcac8..576a262a 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -284,7 +284,7 @@ checksum = "37909eebbb50d72f9059c3b6d82c0463f2ff062c9e95845c43a6c9c0355411be"
 
 [[package]]
 name = "floe"
-version = "0.3.0"
+version = "0.4.0"
 dependencies = [
  "anyhow",
  "ariadne",
@@ -305,7 +305,7 @@ dependencies = [
 
 [[package]]
 name = "floe-wasm"
-version = "0.3.0"
+version = "0.4.0"
 dependencies = [
  "floe",
  "serde",
diff --git a/Cargo.toml b/Cargo.toml
index f6bc07e2..5e28964d 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -4,7 +4,7 @@ resolver = "3"
 
 [package]
 name = "floe"
-version = "0.3.0"
+version = "0.4.0"
 edition = "2024"
 description = "A programming language that compiles to TypeScript + React"
 license = "MIT"
diff --git a/crates/floe-wasm/Cargo.toml b/crates/floe-wasm/Cargo.toml
index 32362894..d807418e 100644
--- a/crates/floe-wasm/Cargo.toml
+++ b/crates/floe-wasm/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "floe-wasm"
-version = "0.3.0"
+version = "0.4.0"
 edition = "2024"
 description = "WASM build of the Floe compiler for browser usage"
 license = "MIT"
diff --git a/editors/vscode/package.json b/editors/vscode/package.json
index cb737e3d..93ecbd97 100644
--- a/editors/vscode/package.json
+++ b/editors/vscode/package.json
@@ -2,7 +2,7 @@
   "name": "floe",
   "displayName": "Floe",
   "description": "Language support for Floe (.fl) - syntax highlighting, diagnostics, and LSP integration",
-  "version": "0.3.0",
+  "version": "0.4.0",
   "license": "MIT",
   "publisher": "floeorg",
   "icon": "icons/floe-icon.png",
diff --git a/integrations/vite-plugin-floe/package.json b/integrations/vite-plugin-floe/package.json
index 8a9bfe83..aa39d06e 100644
--- a/integrations/vite-plugin-floe/package.json
+++ b/integrations/vite-plugin-floe/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@floeorg/vite-plugin",
-  "version": "0.3.0",
+  "version": "0.4.0",
   "description": "Vite plugin for Floe - compile .fl files to TypeScript",
   "type": "module",
   "main": "dist/index.js",