diff --git a/heft-plugins/heft-webpack4-plugin/package.json b/heft-plugins/heft-webpack4-plugin/package.json
index 5d19c751990..0e68a0b31c7 100644
--- a/heft-plugins/heft-webpack4-plugin/package.json
+++ b/heft-plugins/heft-webpack4-plugin/package.json
@@ -20,7 +20,7 @@
   "dependencies": {
     "@rushstack/node-core-library": "workspace:*",
     "webpack": "~4.44.2",
-    "webpack-dev-server": "~3.11.0"
+    "webpack-dev-server": "~4.7.3"
   },
   "devDependencies": {
     "@rushstack/eslint-config": "workspace:*",