Ahhh, no.GWS math the bid at pick #4 so pick 4 is valued at 2034 -20% =1627 points giving them 124 points remaining
moving pick #40 to become pick #33
If you look at the previous posts then the 124 point surplus is held over for later in the draft (if needed for other bid matching) or carried over to next year or further.
So no adjustment to pick 40