diff --git a/DESCRIPTION b/DESCRIPTION
index c1638119..6b170515 100644
--- a/DESCRIPTION
+++ b/DESCRIPTION
@@ -1,6 +1,6 @@
 Package: teal.widgets
 Title: Shiny Widgets for `teal` Applications
-Version: 0.3.0.9010
+Version: 0.4.0
 Date: 2023-08-11
 Authors@R: c(
     person("Dawid", "Kaledkowski", , "dawid.kaledkowski@roche.com", role = c("aut", "cre")),
diff --git a/NEWS.md b/NEWS.md
index 790b01e9..949ef8ee 100644
--- a/NEWS.md
+++ b/NEWS.md
@@ -1,4 +1,15 @@
-# teal.widgets 0.3.0.9010
+# teal.widgets 0.4.0
+
+### Bug fixes
+
+* Fix the rendering on modal pop-up in plots.
+
+### Miscellaneous
+
+* Removed `scda` package dependency from examples.
+* Update installation instructions in `README`.
+
+# teal.widgets 0.3.0
 
 ### Enhancements
 * Added support for downloading base plots.