diff --git a/x11-wm/xfce4-panel/Makefile b/x11-wm/xfce4-panel/Makefile
index 76b6e6f61118..3effe20929c4 100644
--- a/x11-wm/xfce4-panel/Makefile
+++ b/x11-wm/xfce4-panel/Makefile
@@ -1,5 +1,5 @@
 PORTNAME=	xfce4-panel
-PORTVERSION=	4.20.2
+PORTVERSION=	4.20.3
 CATEGORIES=	x11-wm xfce
 MASTER_SITES=	XFCE
 DIST_SUBDIR=	xfce4
diff --git a/x11-wm/xfce4-panel/distinfo b/x11-wm/xfce4-panel/distinfo
index 64d77160fea9..6f1098f0231c 100644
--- a/x11-wm/xfce4-panel/distinfo
+++ b/x11-wm/xfce4-panel/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1738533229
-SHA256 (xfce4/xfce4-panel-4.20.2.tar.bz2) = 2f7ffaf216b4dfdb1ae4c8e3cf8b9c5cb44ec43a64b80bd1608fb5dc3bde2c5d
-SIZE (xfce4/xfce4-panel-4.20.2.tar.bz2) = 2262583
+TIMESTAMP = 1738698672
+SHA256 (xfce4/xfce4-panel-4.20.3.tar.bz2) = 4006dddf465a4ae02e14355941458c718f6da0896eae68435c9fd24fcd89b6b8
+SIZE (xfce4/xfce4-panel-4.20.3.tar.bz2) = 2263062