diff --git a/README.md b/README.md
index d578494ae..f6f71840f 100644
--- a/README.md
+++ b/README.md
@@ -1,5 +1,5 @@
 # Digi Embedded Yocto (DEY) 5.0
-## Release 5.0-r3
+## Release 5.0-r4
 
 This document provides information about Digi Embedded Yocto,
 Digi International's professional embedded Yocto development environment.
@@ -147,11 +147,15 @@ Documentation is available online at https://www.digi.com/resources/documentatio
 
 # Downloads
 
-* Demo images: https://ftp1.digi.com/support/digiembeddedyocto/5.0/r3/images/
-* Software Development Kit (SDK): https://ftp1.digi.com/support/digiembeddedyocto/5.0/r3/sdk/
+* Demo images: https://ftp1.digi.com/support/digiembeddedyocto/5.0/r4/images/
+* Software Development Kit (SDK): https://ftp1.digi.com/support/digiembeddedyocto/5.0/r4/sdk/
 
 # Release Changelog
 
+## 5.0-r4
+
+TODO
+
 ## 5.0-r3
 
 * ST-based platforms
diff --git a/meta-digi-dey/conf/distro/dey.conf b/meta-digi-dey/conf/distro/dey.conf
index 403207b6a..c36b09f86 100644
--- a/meta-digi-dey/conf/distro/dey.conf
+++ b/meta-digi-dey/conf/distro/dey.conf
@@ -3,7 +3,7 @@ require conf/distro/poky.conf
 # Discrete version values.
 YOCTO_MAJOR = "5"
 YOCTO_MINOR = "0"
-DEY_RELEASE = "3"
+DEY_RELEASE = "4"
 DEY_BUILD = "1"
 
 # Firmware version of the system.