Another installment of the "Transformers" franchise is officially on the way, whether Shia LaBeouf wants to be a part of it or not.

The actor and star of the franchise said while doing press for the third film, 2011's "Transformers: Dark of the Moon," that he wasn't interested in returning. (His co-star Rosie Huntington-Whiteley, on the other hand, has been game to come back.)

Paramount announced the fourth installment on Monday, confirming that filmmaker Michael Bay will be back in the director's chair.

Once Bay is done with "Pain and Gain," a movie about a group of bodybuilders who go on a kidnapping, extortion and murder excursion in Florida, he'll get to work on the fourth "Transformers."

The statement didn't mention which actors will be part of the next installment, but we already have a release date: June 29, 2014.