diff --git a/devel/rubygem-opentelemetry-instrumentation-rake/Makefile b/devel/rubygem-opentelemetry-instrumentation-rake/Makefile
index 0271ffdc79a6..8fdad4813872 100644
--- a/devel/rubygem-opentelemetry-instrumentation-rake/Makefile
+++ b/devel/rubygem-opentelemetry-instrumentation-rake/Makefile
@@ -1,22 +1,21 @@
 PORTNAME=	opentelemetry-instrumentation-rake
-PORTVERSION=	0.3.1
+PORTVERSION=	0.4.0
 CATEGORIES=	devel rubygems
 MASTER_SITES=	RG
 
 MAINTAINER=	mfechner@FreeBSD.org
 COMMENT=	Rake instrumentation for the OpenTelemetry framework
 WWW=		https://opentelemetry.io/ \
 		https://github.com/open-telemetry/opentelemetry-ruby \
 		https://github.com/open-telemetry/opentelemetry-ruby-contrib/tree/main/instrumentation/rake
 
 LICENSE=	APACHE20
 LICENSE_FILE=	${WRKSRC}/LICENSE
 
-RUN_DEPENDS=	rubygem-opentelemetry-api>=1.0<2:devel/rubygem-opentelemetry-api \
-		rubygem-opentelemetry-instrumentation-base>=0.23.0<0.24:devel/rubygem-opentelemetry-instrumentation-base
+RUN_DEPENDS=	rubygem-opentelemetry-instrumentation-base>=0.23<1:devel/rubygem-opentelemetry-instrumentation-base
 
 USES=		gem
 
 NO_ARCH=	yes
 
 .include <bsd.port.mk>
diff --git a/devel/rubygem-opentelemetry-instrumentation-rake/distinfo b/devel/rubygem-opentelemetry-instrumentation-rake/distinfo
index 491c604fe11f..05f283f9060c 100644
--- a/devel/rubygem-opentelemetry-instrumentation-rake/distinfo
+++ b/devel/rubygem-opentelemetry-instrumentation-rake/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1752213273
-SHA256 (rubygem/opentelemetry-instrumentation-rake-0.3.1.gem) = dd12d24373a6f293de51ecff8986f2e341a24ad28b2dbabac21f2ccfbb43dcd9
-SIZE (rubygem/opentelemetry-instrumentation-rake-0.3.1.gem) = 10752
+TIMESTAMP = 1760249244
+SHA256 (rubygem/opentelemetry-instrumentation-rake-0.4.0.gem) = 7de63f72d85f99217d477a382d37800f575532356751d75df3a0cdf0c485d2fe
+SIZE (rubygem/opentelemetry-instrumentation-rake-0.4.0.gem) = 10752