FWIW POSIX requires that rename(2) be atomic, it's not just ext4, any POSIX FS should work that way.
However this still requires a lockfile because while rename(2) is an atomic store it's not a full CAS, so you can have two processes reading the file concurrently, doing their internal update, writing to a temp file, then rename-ing to the target. There will be no torn version of the reference file, but the process finishing last will cancel out the changes of the other one.
The lockfile can be the "scratch" file as open(O_CREAT | O_EXCL) is also guaranteed to be atomic, however now you need a way to wait for that path to disappear before retrying.