diff --git a/CHANGELOG.md b/CHANGELOG.md
index f0a82d9986e..5ca0688ce06 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -18,6 +18,13 @@ and this project adheres to
 
 ### Fixed
 
+## \[1.10.1\]
+
+### Changed
+
+- [#4907](https://github.com/firecracker-microvm/firecracker/pull/4907): Bump
+  snapshot version to 4.0.0.
+
 ## \[1.10.0\]
 
 ### Added
diff --git a/src/vmm/src/persist.rs b/src/vmm/src/persist.rs
index 560d9d7c6b7..16d7ed72537 100644
--- a/src/vmm/src/persist.rs
+++ b/src/vmm/src/persist.rs
@@ -157,7 +157,7 @@ pub enum CreateSnapshotError {
 }
 
 /// Snapshot version
-pub const SNAPSHOT_VERSION: Version = Version::new(3, 0, 0);
+pub const SNAPSHOT_VERSION: Version = Version::new(4, 0, 0);
 
 /// Creates a Microvm snapshot.
 pub fn create_snapshot(