Is it possible to upgrade Selenium to Selenium 4?

They do care. They once tried to employ Selenium4 early this year but encountered some technical problems. See the following discussion

Selenium 3 to 4 transittion is not a simple upgrade. It involves big changes: new dependenciy to the selenium-devtools-vXX jar, and backward-incompatibility (DesiredCapability class is deprecated). I guess, these changes would require much works for Katalon dev team.

But I do not know their current plan for Selenium4 with CDP.

[Joke] I would not be surprised to hear that Katalon to release a new product line: Playwright + TestOps for Enterprise, which is payable. KS to stay with Selenium3 forever. That would not matter much because most of Katalon Studio users wont require Selenium4 features.