Answer
$f(x)=|x|-4$.
Work Step by Step
RECALL:
The graph of $y=f(x)+k$ involves a vertical shift of $|k|$ units (upward when $k \gt 0$, downward when $k\lt0$) of the parent function $f(x)$.
Use the rule above to find the equation of the given graph.
Shifting the graph of $y=|x|$ vertically $4$ units down means $k=-4$ therefore the equation of the resulting function is
$f(x)=y-4\\
f(x)=|x|-4$