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Maggie Gyllenhaal, Peter Sarsgaard Expecting Baby

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Maggie Gyllenhaal and Peter Sarsgaard are engaged and expecting a baby, reps for both the actors tell PEOPLE exclusively.

The couple have been together for more than four years.

They costarred in 2003’s In God’s Hands, a low-budget feature produced by Steven Soderbergh that was never released.

Gyllenhaal, 28, has appeared in more than 20 films, including Secretary, Mona Lisa Smile and Donnie Darko, which starred her brother, Jake Gyllenhaal.

Sarsgaard, 35, has also shared the screen with his fiancée’s brother – in last year’s war film Jarhead. Sarsgaard’s résumé includes Boys Don’t Cry, Kinsey and Shattered Glass, for which he earned a Golden Globe nomination in 2004.

This will be the first marriage and first child for both actors.