diff --git a/CHANGELOG.md b/CHANGELOG.md
index 63011d14033..f5f7a151d8e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -25,6 +25,7 @@ All notable changes to this project will be documented in this file.
 - Update OpenVINO version to 2023.0, and NNCF verion to 2.5 (<https://github.com/openvinotoolkit/training_extensions/pull/2090>)
 - Improve XAI saliency map generation for tiling detection and tiling instance segmentation (<https://github.com/openvinotoolkit/training_extensions/pull/2240>)
 - Remove CenterCrop from Classification test pipeline and editing missing docs link(<https://github.com/openvinotoolkit/training_extensions/pull/2375>)
+- Switch to PTQ for sseg (<https://github.com/openvinotoolkit/training_extensions/pull/2374>)
 
 ### Bug fixes
 
@@ -33,6 +34,7 @@ All notable changes to this project will be documented in this file.
 - Fix the bug that label order is misaligned when model is deployed from Geti (<https://github.com/openvinotoolkit/training_extensions/pull/2369>)
 - Fix NNCF training on CPU (<https://github.com/openvinotoolkit/training_extensions/pull/2373>)
 - Fix H-label classification (<https://github.com/openvinotoolkit/training_extensions/pull/2377>)
+- Fix invalid import structures in otx.api (<https://github.com/openvinotoolkit/training_extensions/pull/2383>)
 
 ### Known issues
 
diff --git a/src/otx/__init__.py b/src/otx/__init__.py
index 1a39b601165..b978ac81519 100644
--- a/src/otx/__init__.py
+++ b/src/otx/__init__.py
@@ -3,5 +3,5 @@
 # Copyright (C) 2021-2023 Intel Corporation
 # SPDX-License-Identifier: Apache-2.0
 
-__version__ = "1.4.0rc3"
+__version__ = "1.4.0rc4"
 # NOTE: Sync w/ src/otx/api/usecases/exportable_code/demo/requirements.txt on release
diff --git a/src/otx/api/usecases/exportable_code/demo/requirements.txt b/src/otx/api/usecases/exportable_code/demo/requirements.txt
index 040f57ee8b4..0e4f19f207c 100644
--- a/src/otx/api/usecases/exportable_code/demo/requirements.txt
+++ b/src/otx/api/usecases/exportable_code/demo/requirements.txt
@@ -1,4 +1,4 @@
 openvino==2023.0
 openvino-model-api==0.1.3
-otx==1.4.0rc3
+otx==1.4.0rc4
 numpy>=1.21.0,<=1.23.5  # np.bool was removed in 1.24.0 which was used in openvino runtime