diff --git a/CHANGELOG.md b/CHANGELOG.md
index 894c097a2..57ac5c23a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,11 @@
 # Changelog
 
+## 4.1.1-rc.0 (2023-11-15)
+
+### Fixes
+
+#### The ``execution_options`` property is now used for retrieving results if no overriding options were provided to the ``execute`` method. (#1694)
+
 ## 4.1.0 (2023-11-13)
 
 ### Features
diff --git a/pyproject.toml b/pyproject.toml
index 1546b5fcb..60f885924 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [tool.poetry]
 name = "pyquil"
-version = "4.1.0"
+version = "4.1.1-rc.0"
 description = "A Python library for creating Quantum Instruction Language (Quil) programs."
 authors = ["Rigetti Computing <softapps@rigetti.com>"]
 readme = "README.md"