diff --git a/GITLAB_SHELL_VERSION b/GITLAB_SHELL_VERSION
index b13d146a7b0..8148c559489 100644
--- a/GITLAB_SHELL_VERSION
+++ b/GITLAB_SHELL_VERSION
@@ -1 +1 @@
-9.3.0
+9.4.0
diff --git a/changelogs/unreleased/pb-update-gitlab-shell-9-4-0.yml b/changelogs/unreleased/pb-update-gitlab-shell-9-4-0.yml
new file mode 100644
index 00000000000..81db7bb4900
--- /dev/null
+++ b/changelogs/unreleased/pb-update-gitlab-shell-9-4-0.yml
@@ -0,0 +1,5 @@
+---
+title: Update to GitLab Shell v9.4.0
+merge_request: 32009
+author:
+type: other