diff --git a/VERSION.cmake b/VERSION.cmake
index 4a25c95c2f..806179491d 100644
--- a/VERSION.cmake
+++ b/VERSION.cmake
@@ -1,4 +1,4 @@
-set (DEFAULT_DNF_VERSION "4.20.0")
+set (DEFAULT_DNF_VERSION "4.21.0")
 
 if(DEFINED DNF_VERSION)
   if(NOT ${DEFAULT_DNF_VERSION} STREQUAL ${DNF_VERSION})
diff --git a/dnf.spec b/dnf.spec
index 7bc90c5d3a..73a81f2fe9 100644
--- a/dnf.spec
+++ b/dnf.spec
@@ -67,7 +67,7 @@
 It supports RPMs, modules and comps groups & environments.
 
 Name:           dnf
-Version:        4.20.0
+Version:        4.21.0
 Release:        1%{?dist}
 Summary:        %{pkg_summary}
 # For a breakdown of the licensing, see PACKAGE-LICENSING
@@ -410,6 +410,16 @@ popd
 %{python3_sitelib}/%{name}/automatic/
 
 %changelog
+* Tue Jun 18 2024 Evan Goode <mail@evangoo.de> - 4.21.0-1
+- Add detection for ostree-based systems and warn users about losing changes
+- Fix: No traceback when Python interpreter is running with -P
+- Allow `%py3_shebang_fix` macro to add `-P` argument to shebang lines
+- man: Improve upgrade-minimal command docs (RHEL-6417)
+- Limit queries to nevra forms when provided by command
+- [doc] Remove provide of spec definition for repoquery command
+- Update the man page entry for the countme option
+- Drop collect file for ABRT
+
 * Wed Apr 24 2024 Jan Kolarik <jkolarik@redhat.com> - 4.20.0-1
 - repoquery: Fix loading filelists when -f is used (RhBug:2276012)
 - remove: --duplicates and --oldinstallonly exit with 0 when nothing to do (RHEL-6424)
diff --git a/doc/release_notes.rst b/doc/release_notes.rst
index 529561339b..143b2f03ba 100644
--- a/doc/release_notes.rst
+++ b/doc/release_notes.rst
@@ -19,6 +19,19 @@
  DNF Release Notes
 ###################
 
+====================
+4.21.0 Release Notes
+====================
+
+- Add detection for ostree-based systems and warn users about losing changes
+- Fix: No traceback when Python interpreter is running with -P
+- Allow `%py3_shebang_fix` macro to add `-P` argument to shebang lines
+- man: Improve upgrade-minimal command docs (RHEL-6417)
+- Limit queries to nevra forms when provided by command
+- [doc] Remove provide of spec definition for repoquery command
+- Update the man page entry for the countme option
+- Drop collect file for ABRT
+
 ====================
 4.20.0 Release Notes
 ====================