On my system Safari is the problem as it was default browser.
To fix, make Chrome your default browser and try relaunching pgadmin4
OR
Manually fix by
$ cat ~/.pgAdmin4.5704814747986328352.addr
http://127.0.0.1:62631/?key=0ec25e6a-dfe2-483e-9814-b315ea87c3cf
Paste what you get in Chrome