diff --git a/CHANGELOG.md b/CHANGELOG.md
index cebf3566b..44d03be03 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,17 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [1.4.0](https://github.com/near/borsh-rs/compare/borsh-v1.3.1...borsh-v1.4.0) - 2024-03-25
+
+### Added
+- impl `BorshSchema` for `Cow<'a, T>` ([#284](https://github.com/near/borsh-rs/pull/284))
+- `BorshSerialize`/`BoshDeserialize`/`BorshSchema` for `Cell`/`RefCell` ([#265](https://github.com/near/borsh-rs/pull/265))
+
+### Other
+- reorg tests ([#285](https://github.com/near/borsh-rs/pull/285))
+- remove conflicts with `W`/`R` parameters for `BorshSerialize`/`BorshDeserialize` derives ([#283](https://github.com/near/borsh-rs/pull/283))
+- fix `test_exhaustive_checks` step + downgrade package for MSRV test ([#280](https://github.com/near/borsh-rs/pull/280))
+
 ## [1.3.1](https://github.com/near/borsh-rs/compare/borsh-v1.3.0...borsh-v1.3.1) - 2024-01-10
 
 ### Other
diff --git a/Cargo.toml b/Cargo.toml
index 528b36ab5..d259de1a4 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -3,5 +3,5 @@ members = ["borsh", "borsh-derive", "fuzz/fuzz-run", "benchmarks"]
 
 [workspace.package]
 # shared version of all public crates in the workspace
-version = "1.3.1"
+version = "1.4.0"
 rust-version = "1.67.0"
diff --git a/borsh/Cargo.toml b/borsh/Cargo.toml
index 7bde589a5..855858de0 100644
--- a/borsh/Cargo.toml
+++ b/borsh/Cargo.toml
@@ -28,7 +28,7 @@ cfg_aliases = "0.1.0"
 
 [dependencies]
 ascii = { version = "1.1", optional = true }
-borsh-derive = { path = "../borsh-derive", version = "~1.3.1", optional = true }
+borsh-derive = { path = "../borsh-derive", version = "~1.4.0", optional = true }
 
 # hashbrown can be used in no-std context.
 # NOTE: There is no reason to restrict use of older versions, but we don't want to get