diff --git a/CHANGELOG.md b/CHANGELOG.md
index 550af78f1..8d564e894 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,6 +6,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [4.0.2]
+
 ### Fixed
 - Fix installation instructions for `ink_linting` - [#1546](https://github.com/paritytech/cargo-contract/pull/1546)
 
diff --git a/Cargo.lock b/Cargo.lock
index f4511f5d8..dd5a27143 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -857,7 +857,7 @@ dependencies = [
 
 [[package]]
 name = "cargo-contract"
-version = "4.0.1"
+version = "4.0.2"
 dependencies = [
  "anyhow",
  "assert_cmd",
@@ -1121,7 +1121,7 @@ checksum = "cd7e35aee659887cbfb97aaf227ac12cad1a9d7c71e55ff3376839ed4e282d08"
 
 [[package]]
 name = "contract-analyze"
-version = "4.0.1"
+version = "4.0.2"
 dependencies = [
  "anyhow",
  "contract-metadata",
@@ -1131,7 +1131,7 @@ dependencies = [
 
 [[package]]
 name = "contract-build"
-version = "4.0.1"
+version = "4.0.2"
 dependencies = [
  "anyhow",
  "blake2",
@@ -1171,7 +1171,7 @@ dependencies = [
 
 [[package]]
 name = "contract-extrinsics"
-version = "4.0.1"
+version = "4.0.2"
 dependencies = [
  "anyhow",
  "assert_cmd",
@@ -1210,7 +1210,7 @@ dependencies = [
 
 [[package]]
 name = "contract-metadata"
-version = "4.0.1"
+version = "4.0.2"
 dependencies = [
  "anyhow",
  "impl-serde",
@@ -1223,7 +1223,7 @@ dependencies = [
 
 [[package]]
 name = "contract-transcode"
-version = "4.0.1"
+version = "4.0.2"
 dependencies = [
  "anyhow",
  "assert_matches",
@@ -5309,9 +5309,9 @@ dependencies = [
 
 [[package]]
 name = "ss58-registry"
-version = "1.46.0"
+version = "1.47.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "b1114ee5900b8569bbc8b1a014a942f937b752af4b44f4607430b5f86cedaac0"
+checksum = "4743ce898933fbff7bbf414f497c459a782d496269644b3d650a398ae6a487ba"
 dependencies = [
  "Inflector",
  "num-format",
diff --git a/README.md b/README.md
index 0fcfdd9c2..dc0db7ec6 100644
--- a/README.md
+++ b/README.md
@@ -181,9 +181,10 @@ Invoke an RPC call to the node. See [rpc](docs/rpc.md).
 In order to publish a new version of `cargo-contract`:
 
 -   Bump all crate versions, we move them in lockstep.
+-   Execute `cargo update` to update `Cargo.lock`.
 -   Make sure your PR is approved by one or more core developers.
 -   Publish `metadata` ➜ `analyze` ➜ `transcode` ➜ `build` ➜ `extrinsics` ➜ `cargo-contract`.
--   Merge you PR and push a tag `vX.X` with your version number.
+-   Merge you PR and push a tag `vX.X` with your version number: `git tag -s vX.X.X && git push origin vX.X.X`.
 -   Create a GitHub release with the changelog entries.
 
 ## License
diff --git a/crates/analyze/Cargo.toml b/crates/analyze/Cargo.toml
index 71160b549..3d4cef6ab 100644
--- a/crates/analyze/Cargo.toml
+++ b/crates/analyze/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "contract-analyze"
-version = "4.0.1"
+version = "4.0.2"
 authors = ["Parity Technologies <admin@parity.io>"]
 edition = "2021"
 
@@ -14,7 +14,7 @@ keywords = ["wasm", "parity", "webassembly", "blockchain", "edsl"]
 include = ["Cargo.toml", "*.rs", "LICENSE"]
 
 [dependencies]
-contract-metadata = { version = "4.0.1", path = "../metadata" }
+contract-metadata = { version = "4.0.2", path = "../metadata" }
 parity-wasm = { version = "0.45.0" }
 anyhow = "1.0.81"
 
diff --git a/crates/build/Cargo.toml b/crates/build/Cargo.toml
index 3a7663167..b56fbaba8 100644
--- a/crates/build/Cargo.toml
+++ b/crates/build/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "contract-build"
-version = "4.0.1"
+version = "4.0.2"
 authors = ["Parity Technologies <admin@parity.io>"]
 edition = "2021"
 
@@ -44,7 +44,7 @@ tokio-stream = "0.1"
 bollard = "0.16"
 crossterm = "0.27.0"
 
-contract-metadata = { version = "4.0.1", path = "../metadata" }
+contract-metadata = { version = "4.0.2", path = "../metadata" }
 
 [target.'cfg(unix)'.dependencies]
 uzers = "0.11"
diff --git a/crates/cargo-contract/Cargo.toml b/crates/cargo-contract/Cargo.toml
index 7e6390607..3ccc1be2b 100644
--- a/crates/cargo-contract/Cargo.toml
+++ b/crates/cargo-contract/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "cargo-contract"
-version = "4.0.1"
+version = "4.0.2"
 authors = ["Parity Technologies <admin@parity.io>"]
 build = "build.rs"
 edition = "2021"
@@ -18,11 +18,11 @@ include = [
 ]
 
 [dependencies]
-contract-build = { version = "4.0.1", path = "../build" }
-contract-extrinsics = { version = "4.0.1", path = "../extrinsics" }
-contract-transcode = { version = "4.0.1", path = "../transcode" }
-contract-metadata = { version = "4.0.1", path = "../metadata" }
-contract-analyze = { version = "4.0.1", path = "../analyze" }
+contract-build = { version = "4.0.2", path = "../build" }
+contract-extrinsics = { version = "4.0.2", path = "../extrinsics" }
+contract-transcode = { version = "4.0.2", path = "../transcode" }
+contract-metadata = { version = "4.0.2", path = "../metadata" }
+contract-analyze = { version = "4.0.2", path = "../analyze" }
 
 anyhow = "1.0.81"
 clap = { version = "4.5.2", features = ["derive", "env"] }
diff --git a/crates/extrinsics/Cargo.toml b/crates/extrinsics/Cargo.toml
index 0d7edfa95..e37314b95 100644
--- a/crates/extrinsics/Cargo.toml
+++ b/crates/extrinsics/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "contract-extrinsics"
-version = "4.0.1"
+version = "4.0.2"
 authors = ["Parity Technologies <admin@parity.io>"]
 edition = "2021"
 rust-version = "1.70"
@@ -15,9 +15,9 @@ keywords = ["wasm", "parity", "webassembly", "blockchain", "edsl"]
 include = ["Cargo.toml", "*.rs", "LICENSE",]
 
 [dependencies]
-contract-build = { version = "4.0.1", path = "../build" }
-contract-metadata = { version = "4.0.1", path = "../metadata" }
-contract-transcode = { version = "4.0.1", path = "../transcode" }
+contract-build = { version = "4.0.2", path = "../build" }
+contract-metadata = { version = "4.0.2", path = "../metadata" }
+contract-transcode = { version = "4.0.2", path = "../transcode" }
 
 anyhow = "1.0.81"
 blake2 = { version = "0.10.6", default-features = false }
diff --git a/crates/metadata/Cargo.toml b/crates/metadata/Cargo.toml
index 351f89635..cd840c9c3 100644
--- a/crates/metadata/Cargo.toml
+++ b/crates/metadata/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "contract-metadata"
-version = "4.0.1"
+version = "4.0.2"
 authors = ["Parity Technologies <admin@parity.io>"]
 edition = "2021"
 
diff --git a/crates/metadata/compatibility_list.json b/crates/metadata/compatibility_list.json
index 8cf01fce7..cf6ed79b1 100644
--- a/crates/metadata/compatibility_list.json
+++ b/crates/metadata/compatibility_list.json
@@ -22,7 +22,7 @@
                 "=5.0.0-rc.1"
             ]
         },
-        "4.0.1": {
+        "4.0.2": {
             "ink": [
                 ">=5.0.0-rc.2",
                 "5.0.0"
diff --git a/crates/transcode/Cargo.toml b/crates/transcode/Cargo.toml
index 08b45308c..14172d872 100644
--- a/crates/transcode/Cargo.toml
+++ b/crates/transcode/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "contract-transcode"
-version = "4.0.1"
+version = "4.0.2"
 authors = ["Parity Technologies <admin@parity.io>"]
 edition = "2021"
 
@@ -20,7 +20,7 @@ path = "src/lib.rs"
 anyhow = "1.0.81"
 base58 = { version = "0.2.0" }
 blake2 = { version = "0.10.6", default-features = false }
-contract-metadata = { version = "4.0.1", path = "../metadata" }
+contract-metadata = { version = "4.0.2", path = "../metadata" }
 escape8259 = "0.5.2"
 hex = "0.4.3"
 indexmap = "2.2.5"