diff --git a/CHANGELOG.md b/CHANGELOG.md
index c2063b3b..f291f591 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -9,6 +9,22 @@ upcoming release can be found in [changelog.d](changelog.d).
 
 <!-- towncrier release notes start -->
 
+## [4.0.2](https://github.com/Backblaze/B2_Command_Line_Tool/releases/tag/v4.0.2) - 2024-06-17
+
+
+### Fixed
+
+- Fix `--lifecycle-rule` validation on `python<3.10`.
+- Update required `b2sdk` version which includes various fixes.
+  - Move scan filters before a read on filesystem access attempt. This will prevent unnecessary warnings and IO operations on paths that are not relevant to the operation.
+  - Fix & improve Lifecycle Rule validation.
+  - Don't retry on `NoPaymentHistory` exception.
+
+### Doc
+
+- Add `--lifecycle-rule` example to CLI `--help` and documentation. ([#432](https://github.com/Backblaze/B2_Command_Line_Tool/issues/432))
+
+
 ## [4.0.1](https://github.com/Backblaze/B2_Command_Line_Tool/releases/tag/v4.0.1) - 2024-05-15
 
 
diff --git a/pdm.lock b/pdm.lock
index ea3954a0..734bc68e 100644
--- a/pdm.lock
+++ b/pdm.lock
@@ -5,7 +5,7 @@
 groups = ["default", "bundle", "doc", "format", "full", "license", "lint", "release", "test"]
 strategy = ["cross_platform", "inherit_metadata"]
 lock_version = "4.4.1"
-content_hash = "sha256:ebe6f071ff22591549adda595b961246f8f9c6e6cde6fc5f63680741fc6bd810"
+content_hash = "sha256:a7be23a8a567b8b42f54eeb6f537d7237e072f28a2fef404923786f0c247d144"
 
 [[package]]
 name = "alabaster"
@@ -35,7 +35,7 @@ name = "annotated-types"
 version = "0.5.0"
 requires_python = ">=3.7"
 summary = "Reusable constraint types to use with typing.Annotated"
-groups = ["full"]
+groups = ["default", "full"]
 dependencies = [
     "typing-extensions>=4.0.0; python_version < \"3.9\"",
 ]
@@ -100,19 +100,20 @@ files = [
 
 [[package]]
 name = "b2sdk"
-version = "2.3.0"
+version = "2.4.0"
 requires_python = ">=3.7"
 summary = "Backblaze B2 SDK"
 groups = ["default"]
 dependencies = [
+    "annotated-types>=0.5.0",
     "importlib-metadata>=3.3.0; python_version < \"3.8\"",
     "logfury<2.0.0,>=1.0.1",
     "requests<3.0.0,>=2.9.1",
     "typing-extensions>=4.7.1; python_version < \"3.12\"",
 ]
 files = [
-    {file = "b2sdk-2.3.0-py3-none-any.whl", hash = "sha256:030696ef0ee8f958975e784c5a8248b91f222fc3c31ad24c5bb9ff6296135218"},
-    {file = "b2sdk-2.3.0.tar.gz", hash = "sha256:fc292fceb5ec35c0dfd681f23e76b4449b63bb82d00423fc54edc0f4363f53e1"},
+    {file = "b2sdk-2.4.0-py3-none-any.whl", hash = "sha256:fe53e53febd7a84aad67ae919fae4341d62ea799095f0f7d9c07e9a9ae2213b8"},
+    {file = "b2sdk-2.4.0.tar.gz", hash = "sha256:95122d163819c233e8b11b4a1d87fcd3b9c4eb62db78b69bd231e20aa91547fb"},
 ]
 
 [[package]]
diff --git a/pyproject.toml b/pyproject.toml
index ff817d2d..3c15879a 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -25,7 +25,7 @@ classifiers = [
 dependencies = [
     "argcomplete>=2,<4",
     "arrow>=1.0.2,<2.0.0",
-    "b2sdk>=2.3.0,<3",
+    "b2sdk>=2.4.0,<3",
     "docutils>=0.18.1",
     "idna~=3.4; platform_system == 'Java'",
     "importlib-metadata>=3.3; python_version < '3.8'",