Michael Bay is coming back for Transformers 4 which is planned to be released on June 29, 2014. In an official statement, the Director who once said he is limited to only 3 Transformers movie, the director agreed to a 2-film deal with Paramount Pictures.
Don't get your hype though because there are also rumors that the next Transformer film might be a reboot. sad for fans who wants to see the next chapter of the film. There is however no official word on it yet and fans are hoping that it would be a sequel rather than a reboot.
In an interview Bay concluded, "Remember when I said I’d only do three Transformers films? Neither do I?”.