diff --git a/apps/full-site-editing/full-site-editing-plugin/full-site-editing-plugin.php b/apps/full-site-editing/full-site-editing-plugin/full-site-editing-plugin.php
index 2354748fdf5f95..cb8a79355c463f 100644
--- a/apps/full-site-editing/full-site-editing-plugin/full-site-editing-plugin.php
+++ b/apps/full-site-editing/full-site-editing-plugin/full-site-editing-plugin.php
@@ -2,7 +2,7 @@
 /**
  * Plugin Name: Full Site Editing
  * Description: Enhances your page creation workflow within the Block Editor.
- * Version: 0.3
+ * Version: 0.4
  * Author: Automattic
  * Author URI: https://automattic.com/wordpress-plugins/
  * License: GPLv2 or later
@@ -18,7 +18,7 @@
  *
  * @var string
  */
-define( 'A8C_FSE_VERSION', '0.3' );
+define( 'A8C_FSE_VERSION', '0.4' );
 
 /**
  * Load Full Site Editing.
diff --git a/apps/full-site-editing/full-site-editing-plugin/readme.txt b/apps/full-site-editing/full-site-editing-plugin/readme.txt
index 0fe7b26a156cee..b5d9e74b11c386 100644
--- a/apps/full-site-editing/full-site-editing-plugin/readme.txt
+++ b/apps/full-site-editing/full-site-editing-plugin/readme.txt
@@ -3,7 +3,7 @@ Contributors: alexislloyd, allancole, automattic, codebykat, copons, dmsnell, ge
 Tags: block, blocks, editor, gutenberg, page
 Requires at least: 5.0
 Tested up to: 5.2
-Stable tag: 0.3
+Stable tag: 0.4
 Requires PHP: 5.6.20
 License: GPLv2 or later
 License URI: https://www.gnu.org/licenses/gpl-2.0.html
@@ -40,6 +40,9 @@ This plugin is experimental, so we don't provide any support for it outside of w
 
 == Changelog ==
 
+= 0.4 =
+* Move template data initialization out of the plugin and delegate it to themes.
+
 = 0.3 =
 * Update modal UI.