It looks like you are looking to edit videos in 4K resolution and your Sony A7 IV also supports from 4K to 7K so I believe the settings looks pretty good for it. What are the specs of your computer? I think if you have at least 8 of RAM for offline editing or 32GB of RAM for online editing on your computer, it should render 4K no problem.
For more information, you can look up here so you can have an idea on how it can help you with the settings: https://www.videomaker.com/article/f6/17135-editing-in-4k-minimum-system-requirements/
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Editing in 4K: Minimum System Requirements
To start editing in 4k, you’ll need to ask yourself some questions about your projects. What file format will you use: R3D, CinemaDNG, ProRes, XAVC S, mp4?