diff --git a/Cargo.lock b/Cargo.lock
index c53c263e939f..64d110175951 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2401,9 +2401,9 @@ dependencies = [
 
 [[package]]
 name = "regalloc2"
-version = "0.4.0"
+version = "0.4.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "91ffba626f895ce5b8b97614bafa3fd59623490fe82f0fa8046dba6664a37b51"
+checksum = "69025b4a161879ba90719837c06621c3d73cffa147a000aeacf458f6a9572485"
 dependencies = [
  "fxhash",
  "log",
diff --git a/cranelift/codegen/Cargo.toml b/cranelift/codegen/Cargo.toml
index 91cdcbd30732..c5f58f908623 100644
--- a/cranelift/codegen/Cargo.toml
+++ b/cranelift/codegen/Cargo.toml
@@ -25,7 +25,7 @@ serde = { version = "1.0.94", features = ["derive"], optional = true }
 bincode = { version = "1.2.1", optional = true }
 gimli = { version = "0.26.0", default-features = false, features = ["write"], optional = true }
 smallvec = { version = "1.6.1" }
-regalloc2 = { version = "0.4.0", features = ["checker"] }
+regalloc2 = { version = "0.4.1", features = ["checker"] }
 souper-ir = { version = "2.1.0", optional = true }
 sha2 = { version = "0.9.0", optional = true }
 # It is a goal of the cranelift-codegen crate to have minimal external dependencies.
diff --git a/supply-chain/audits.toml b/supply-chain/audits.toml
index 795be0e81efd..668d36305775 100644
--- a/supply-chain/audits.toml
+++ b/supply-chain/audits.toml
@@ -176,6 +176,12 @@ criteria = "safe-to-deploy"
 delta = "0.3.2 -> 0.4.0"
 notes = "The Bytecode Alliance is the author of this crate."
 
+[[audits.regalloc2]]
+who = "Chris Fallin <chris@cfallin.org>"
+criteria = "safe-to-deploy"
+delta = "0.4.0 -> 0.4.1"
+notes = "The Bytecode Alliance is the author of this crate."
+
 [[audits.rustc-demangle]]
 who = "Alex Crichton <alex@alexcrichton.com>"
 criteria = "safe-to-deploy"