diff --git a/CHANGELOG.md b/CHANGELOG.md
index f7c3aa52c..f7145925b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,19 @@
 Magento Functional Testing Framework Changelog
 ================================================
 
+4.0.0
+---------
+### Enhancements
+
+* Added Supported for PHP 8.2 and enabled PR checks for PHP 8.2
+* Dropped Support for PHP 7.4 and disabled PR checks for PHP 7.4
+* Upgraded allure-framework/allure-phpunit to its latest version
+
+### Fixes
+
+* MFTF deprecation errors fixes
+* Composer downgraded from 2.4 to 2.2 due to lamina issue
+
 3.12.0
 ---------
 
diff --git a/composer.json b/composer.json
index 03dbe1529..c1cf2dd20 100755
--- a/composer.json
+++ b/composer.json
@@ -2,7 +2,7 @@
     "name": "magento/magento2-functional-testing-framework",
     "description": "Magento2 Functional Testing Framework",
     "type": "library",
-    "version": "3.12.0",
+    "version": "4.0.0",
     "license": "AGPL-3.0",
     "keywords": ["magento", "automation", "functional", "testing"],
     "config": {
diff --git a/composer.lock b/composer.lock
index 813ae76fe..15e5a1ec7 100644
--- a/composer.lock
+++ b/composer.lock
@@ -4,7 +4,7 @@
         "Read more about it at https://getcomposer.org/doc/01-basic-usage.md#installing-dependencies",
         "This file is @generated automatically"
     ],
-    "content-hash": "a605dc88d14ca426ab5d2887381d1c4e",
+    "content-hash": "4391b8b8b703305e036f1e42ac445ea3",
     "packages": [
         {
             "name": "allure-framework/allure-codeception",
@@ -8323,5 +8323,5 @@
         "ext-openssl": "*"
     },
     "platform-dev": [],
-    "plugin-api-version": "2.2.0"
+    "plugin-api-version": "2.3.0"
 }