Here it is:
def put4ChannelImageOn4ChannelImage(back, fore, x, y):
rows, cols, channels = fore.shape
trans_indices = fore[...,3] != 0 # Where not transparent
overlay_copy = back[y:y+rows, x:x+cols]
overlay_copy[trans_indices] = fore[trans_indices]
back[y:y+rows, x:x+cols] = overlay_copy
#test
background = np.zeros((1000, 1000, 4), np.uint8)
background[:] = (127, 127, 127, 1)
overlay = cv2.imread('imagee.png', cv2.IMREAD_UNCHANGED)
put4ChannelImageOn4ChannelImage(background, overlay, 5, 5)