diff --git a/CHANGELOG.md b/CHANGELOG.md
index 65c8b03289..3c1c31f27c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -15,8 +15,27 @@ Increment the:
 
 ## [Unreleased]
 
-* [BUILD] Allow to use local GSL
-* [EXPORTER] Jaeger Exporter - Add Thrift HTTP exporter ([#926](https://github.com/open-telemetry/opentelemetry-cpp/pull/926))
+## [1.0.0-rc4] 2021-08-04
+
+* [EXPORTER] `BREAKING CHANGE` Fix default HTTP port for OTLP HTTP Exporter ([#939](https://github.com/open-telemetry/opentelemetry-cpp/pull/939))
+* [API] Fix timeout calculation for Tracer::Flush() and Tracer::Close() ([#937](https://github.com/open-telemetry/opentelemetry-cpp/pull/937))
+* [API] Fix for Stack::Resize that new_capacity is not assigned to capacity_  ([#934](https://github.com/open-telemetry/opentelemetry-cpp/pull/934))
+* [SDK] Fix race condition in circular buffer simulation test ([#931](https://github.com/open-telemetry/opentelemetry-cpp/pull/931))
+* [EXPORTER] Fix error logging in Jaeger Exporter ([#930](https://github.com/open-telemetry/opentelemetry-cpp/pull/930))
+* [BUILD] Use latest grpc version (v1.39.0) for cmake build of otlp exporter ([#927](https://github.com/open-telemetry/opentelemetry-cpp/pull/927))
+* [EXPORTER] Add Jaeger Thrift HTTP exporter ([#926](https://github.com/open-telemetry/opentelemetry-cpp/pull/926))
+* [SDK] Move env-var read logic to common dir, and optional reading of env-var ([#924](https://github.com/open-telemetry/opentelemetry-cpp/pull/924))
+* [EXPORTER] Remove recordable header from CMake install rules for exporters ([#923](https://github.com/open-telemetry/opentelemetry-cpp/pull/923))
+* [EXPORTER] `BREAKING CHANGE` Rename Recordable to JaegerRecordable in Jaeger exporter ([#919](https://github.com/open-telemetry/opentelemetry-cpp/pull/919))
+* [EXPORTER] `BREAKING CHANGE` Rename Jaeger exporter target ([#918](https://github.com/open-telemetry/opentelemetry-cpp/pull/918))
+* [EXPORTER] Add Zipkin exporter example ([#917](https://github.com/open-telemetry/opentelemetry-cpp/pull/917))
+* [EXPORTER] Bazel build for Zipkin exorter ([#916](https://github.com/open-telemetry/opentelemetry-cpp/pull/916))
+* [BUILD] Allow to use local GSL ([#915](https://github.com/open-telemetry/opentelemetry-cpp/pull/915))
+* [DOCS] Document vcpkg toolchain configuration ([#913](https://github.com/open-telemetry/opentelemetry-cpp/pull/913))
+* [SDK] Fix for resource deletion after tracer provider shutdown ([#911](https://github.com/open-telemetry/opentelemetry-cpp/pull/911))
+* [BUILD] Add bazel build for grpc example ([#910](https://github.com/open-telemetry/opentelemetry-cpp/pull/910))
+* [EXPORTER] Add resource and instrumentation library support for OStreamSpanExporter ([#906](https://github.com/open-telemetry/opentelemetry-cpp/pull/906))
+* [API] Adding semantic-convention attributes for trace ([#868](https://github.com/open-telemetry/opentelemetry-cpp/pull/868))
 
 ## [1.0.0-rc3] 2021-07-12
 
diff --git a/api/include/opentelemetry/version.h b/api/include/opentelemetry/version.h
index 3b47480fd4..d5e80a799c 100644
--- a/api/include/opentelemetry/version.h
+++ b/api/include/opentelemetry/version.h
@@ -6,7 +6,7 @@
 #include "opentelemetry/detail/preprocessor.h"
 
 #define OPENTELEMETRY_ABI_VERSION_NO 0
-#define OPENTELEMETRY_VERSION "1.0.0-rc3"
+#define OPENTELEMETRY_VERSION "1.0.0-rc4"
 #define OPENTELEMETRY_ABI_VERSION OPENTELEMETRY_STRINGIFY(OPENTELEMETRY_ABI_VERSION_NO)
 
 // clang-format off
diff --git a/docs/public/conf.py b/docs/public/conf.py
index aededfa31d..ca31a83306 100644
--- a/docs/public/conf.py
+++ b/docs/public/conf.py
@@ -21,7 +21,7 @@
 author = 'OpenTelemetry authors'
 
 # The full version, including alpha/beta/rc tags
-release = '1.0.0-rc3'
+release = '1.0.0-rc4'
 
 # Run sphinx on subprojects and copy output
 # -----------------------------------------
diff --git a/sdk/include/opentelemetry/sdk/version/version.h b/sdk/include/opentelemetry/sdk/version/version.h
index 3d61332ffe..a989cbbc5c 100644
--- a/sdk/include/opentelemetry/sdk/version/version.h
+++ b/sdk/include/opentelemetry/sdk/version/version.h
@@ -6,7 +6,7 @@
 #include "opentelemetry/detail/preprocessor.h"
 
 #define OPENTELEMETRY_SDK_ABI_VERSION_NO 0
-#define OPENTELEMETRY_SDK_VERSION "1.0.0-rc3"
+#define OPENTELEMETRY_SDK_VERSION "1.0.0-rc4"
 #define OPENTELEMETRY_SDK_ABI_VERSION OPENTELEMETRY_STRINGIFY(OPENTELEMETRY_SDK_ABI_VERSION_NO)
 
 // clang-format off
diff --git a/sdk/src/version/version.cc b/sdk/src/version/version.cc
index 2f1d1e5082..ddabd58066 100644
--- a/sdk/src/version/version.cc
+++ b/sdk/src/version/version.cc
@@ -11,7 +11,7 @@ namespace version
 const int MAJOR_VERSION     = 1;
 const int MINOR_VERSION     = 0;
 const int PATCH_VERSION     = 0;
-const char *PRE_RELEASE     = "rc3";
+const char *PRE_RELEASE     = "rc4";
 const char *BUILD_METADATA  = "";
 const int COUNT_NEW_COMMITS = 0;
 const char *BRANCH          = "";