diff --git a/Lib/test/test_lazy_import/__init__.py b/Lib/test/test_lazy_import/__init__.py
index 5026c9670d81d23..abec4a1d193c8c6 100644
--- a/Lib/test/test_lazy_import/__init__.py
+++ b/Lib/test/test_lazy_import/__init__.py
@@ -53,7 +53,8 @@ def test_sys_lazy_modules(self):
             self.fail('lazy import failed')
 
         self.assertFalse("test.test_lazy_import.data.basic2" in sys.modules)
-        self.assertIn("test.test_lazy_import.data", sys.lazy_modules)
+        # The package is already loaded, so it is not a pending import.
+        self.assertNotIn("test.test_lazy_import.data", sys.lazy_modules)
         self.assertIn("test.test_lazy_import.data.basic2", sys.lazy_modules)
         test.test_lazy_import.data.basic_from_unused.basic2
         self.assertNotIn("test.test_import.data", sys.lazy_modules)
@@ -1275,6 +1276,272 @@ def test_lazy_module_without_children_is_tracked(self):
         """)
         assert_python_ok("-c", code)
 
+    def test_already_loaded_module_is_not_tracked(self):
+        """A lazy import of an already loaded module should not be tracked."""
+        code = textwrap.dedent("""
+            import sys
+
+            # Loaded by a regular import.
+            import json
+            lazy import json as lazy_json
+            assert "json" not in sys.lazy_modules, (
+                f"expected 'json' not in sys.lazy_modules, got {sys.lazy_modules}"
+            )
+
+            # Loaded by reifying an earlier lazy import.
+            lazy import base64
+            _ = base64.b64encode
+            lazy import base64 as lazy_base64
+            assert "base64" not in sys.lazy_modules, (
+                f"expected 'base64' not in sys.lazy_modules, got {sys.lazy_modules}"
+            )
+        """)
+        assert_python_ok("-c", code)
+
+    def test_already_loaded_submodule_is_not_tracked(self):
+        """`lazy from` a loaded submodule should not be tracked either."""
+        code = textwrap.dedent("""
+            import sys
+            import test.test_lazy_import.data.pkg.b
+            lazy from test.test_lazy_import.data.pkg import b
+            assert "test.test_lazy_import.data.pkg.b" not in sys.lazy_modules, (
+                f"expected 'pkg.b' untracked, got {sys.lazy_modules}"
+            )
+        """)
+        assert_python_ok("-c", code)
+
+    def test_attribute_entry_removed_on_reification(self):
+        """`lazy from x import attr` should untrack "x.attr" once resolved."""
+        code = textwrap.dedent("""
+            import sys
+            lazy from test.test_lazy_import.data.basic2 import x
+            assert "test.test_lazy_import.data.basic2.x" in sys.lazy_modules, (
+                f"expected 'basic2.x' tracked, got {sys.lazy_modules}"
+            )
+            _ = x
+            assert "test.test_lazy_import.data.basic2.x" not in sys.lazy_modules, (
+                f"expected 'basic2.x' untracked, got {sys.lazy_modules}"
+            )
+        """)
+        assert_python_ok("-c", code)
+
+    def test_already_loaded_attribute_is_not_tracked(self):
+        code = textwrap.dedent("""
+            import sys
+            import math
+
+            lazy from math import pi
+            assert "math.pi" not in sys.lazy_modules, sys.lazy_modules
+            assert pi == math.pi
+        """)
+        assert_python_ok("-c", code)
+
+    def test_cached_lazy_attribute_keeps_its_import_context(self):
+        code = textwrap.dedent("""
+            import builtins
+            import sys
+            import test.test_lazy_import.data.basic_from_unused
+
+            holder = "test.test_lazy_import.data.basic_from_unused"
+            target = "test.test_lazy_import.data.basic2"
+            default_import = builtins.__import__
+
+            def import_hook(name, *args):
+                if name == holder:
+                    raise RuntimeError("cached placeholder imported its holder")
+                return default_import(name, *args)
+
+            namespace = {
+                "__builtins__": dict(builtins.__dict__, __import__=import_hook),
+                "__name__": "cached_import_test",
+            }
+            exec(f"lazy from {holder} import basic2", namespace)
+            assert holder + ".basic2" not in sys.lazy_modules, sys.lazy_modules
+            assert target in sys.lazy_modules, sys.lazy_modules
+            exec("assert basic2.x == 42", namespace)
+            assert target not in sys.lazy_modules, sys.lazy_modules
+        """)
+        assert_python_ok("-c", code)
+
+    def test_cached_attribute_keeps_pending_module_tracked(self):
+        code = textwrap.dedent("""
+            import sys
+            import test.test_lazy_import.data.pkg as pkg
+            pkg.b = 42
+
+            lazy import test.test_lazy_import.data.pkg.b as pending
+            lazy from test.test_lazy_import.data.pkg import b
+            name = "test.test_lazy_import.data.pkg.b"
+            assert b == 42, b
+            assert name not in sys.modules, sys.modules
+            assert name in sys.lazy_modules, sys.lazy_modules
+            assert pending.foo() == "foo"
+            assert name not in sys.lazy_modules, sys.lazy_modules
+        """)
+        assert_python_ok("-c", code)
+
+    def test_failed_reification_stays_tracked(self):
+        """A lazy import that fails to resolve must stay tracked."""
+        code = textwrap.dedent("""
+            import sys
+            lazy import test.test_lazy_import.data.broken_module
+            try:
+                _ = test.test_lazy_import.data.broken_module
+            except ValueError:
+                pass
+            else:
+                raise AssertionError("ValueError was not raised")
+            assert "test.test_lazy_import.data.broken_module" in sys.lazy_modules, (
+                f"failed reification must stay tracked, got {sys.lazy_modules}"
+            )
+        """)
+        assert_python_ok("-c", code)
+
+    def test_blocked_module_is_still_tracked(self):
+        """A ``None`` entry in sys.modules must not count as loaded."""
+        code = textwrap.dedent("""
+            import sys
+            sys.modules['test.test_lazy_import.data.basic2'] = None
+            lazy import test.test_lazy_import.data.basic2
+            assert "test.test_lazy_import.data.basic2" in sys.lazy_modules, (
+                f"blocked module must stay tracked, got {sys.lazy_modules}"
+            )
+        """)
+        assert_python_ok("-c", code)
+
+    def test_initializing_module_is_still_tracked(self):
+        """A module that is still executing must not count as loaded."""
+        code = textwrap.dedent("""
+            import sys
+            name = "test.test_lazy_import.data.init_fails"
+            try:
+                import test.test_lazy_import.data.init_fails
+            except ValueError:
+                pass
+            else:
+                raise AssertionError("ValueError was not raised")
+            assert name not in sys.modules, "failed import left a module behind"
+            assert name in sys.lazy_modules, (
+                f"expected {name!r} tracked, got {sys.lazy_modules}"
+            )
+        """)
+        assert_python_ok("-c", code)
+
+    def test_module_spec_descriptor_is_not_run(self):
+        """Checking whether a module is loaded must not run its descriptors."""
+        code = textwrap.dedent("""
+            import sys
+            import types
+
+            class RaisingSpec(types.ModuleType):
+                @property
+                def __spec__(self):
+                    raise RuntimeError("__spec__ descriptor was run")
+
+            sys.modules["raising_spec"] = RaisingSpec("raising_spec")
+            lazy import raising_spec
+            assert "raising_spec" not in sys.lazy_modules, (
+                f"expected 'raising_spec' untracked, got {sys.lazy_modules}"
+            )
+        """)
+        assert_python_ok("-c", code)
+
+    def test_spec_initializing_descriptor_is_not_run(self):
+        code = textwrap.dedent("""
+            import sys
+            import types
+
+            class Spec:
+                @property
+                def _initializing(self):
+                    raise RuntimeError("_initializing descriptor was run")
+
+                @property
+                def __dict__(self):
+                    raise RuntimeError("__dict__ descriptor was run")
+
+            class SlottedSpec:
+                __slots__ = ()
+
+                @property
+                def _initializing(self):
+                    raise RuntimeError("_initializing descriptor was run")
+
+            for spec in (Spec(), SlottedSpec()):
+                module = types.ModuleType("custom_spec")
+                module.__spec__ = spec
+                sys.modules["custom_spec"] = module
+                lazy import custom_spec
+        """)
+        assert_python_ok("-c", code)
+
+    def test_cached_attribute_does_not_check_spec_twice(self):
+        code = textwrap.dedent("""
+            import sys
+            import types
+
+            class Spec:
+                def __init__(self):
+                    self.calls = 0
+
+                @property
+                def _initializing(self):
+                    self.calls += 1
+                    if self.calls == 2:
+                        raise RuntimeError("_initializing was read twice")
+                    return False
+
+            module = types.ModuleType("cached_spec")
+            module.__spec__ = Spec()
+            module.attr = 1
+            sys.modules["cached_spec"] = module
+            lazy from cached_spec import attr
+            assert attr == 1, attr
+        """)
+        assert_python_ok("-c", code)
+
+    def test_spec_initializing_truth_conversion_is_not_run(self):
+        code = textwrap.dedent("""
+            import sys
+            import types
+            from importlib.machinery import ModuleSpec
+
+            class Flag:
+                def __bool__(self):
+                    raise RuntimeError("_initializing truth conversion was run")
+
+            released = memoryview(b"")
+            released.release()
+            for flag in (Flag(), released):
+                sys.lazy_modules.discard("custom_spec")
+                module = types.ModuleType("custom_spec")
+                module.__spec__ = ModuleSpec("custom_spec", None)
+                module.__spec__._initializing = flag
+                sys.modules["custom_spec"] = module
+                lazy import custom_spec
+                assert "custom_spec" in sys.lazy_modules, sys.lazy_modules
+        """)
+        assert_python_ok("-c", code)
+
+    def test_pending_submodule_is_still_tracked(self):
+        """`lazy from` a submodule that is not loaded must stay tracked."""
+        code = textwrap.dedent("""
+            import sys
+            lazy from test.test_lazy_import.data.pkg import b
+            assert "test.test_lazy_import.data.pkg.b" in sys.lazy_modules, (
+                f"expected 'pkg.b' tracked, got {sys.lazy_modules}"
+            )
+            import test.test_lazy_import.data.pkg
+            assert "test.test_lazy_import.data.pkg.b" not in sys.modules, (
+                "loading the package must not load the submodule"
+            )
+            assert "test.test_lazy_import.data.pkg.b" in sys.lazy_modules, (
+                f"loading the package must not untrack the submodule, "
+                f"got {sys.lazy_modules}"
+            )
+        """)
+        assert_python_ok("-c", code)
+
 
 @support.requires_subprocess()
 class CommandLineAndEnvVarTests(unittest.TestCase):
diff --git a/Lib/test/test_lazy_import/data/init_fails.py b/Lib/test/test_lazy_import/data/init_fails.py
new file mode 100644
index 000000000000000..16e7ad363b0eba6
--- /dev/null
+++ b/Lib/test/test_lazy_import/data/init_fails.py
@@ -0,0 +1,4 @@
+# Imported by test_initializing_module_is_still_tracked.  The module it imports
+# lazily imports this one back while this one is still initializing.
+import test.test_lazy_import.data.lazy_on_init_fails
+raise ValueError("initialization failed")
diff --git a/Lib/test/test_lazy_import/data/lazy_on_init_fails.py b/Lib/test/test_lazy_import/data/lazy_on_init_fails.py
new file mode 100644
index 000000000000000..7203fcbb4aaa452
--- /dev/null
+++ b/Lib/test/test_lazy_import/data/lazy_on_init_fails.py
@@ -0,0 +1 @@
+lazy import test.test_lazy_import.data.init_fails
diff --git a/Misc/NEWS.d/next/Core_and_Builtins/2026-09-16-15-02-11.gh-issue-155695.Kf3xQa.rst b/Misc/NEWS.d/next/Core_and_Builtins/2026-09-16-15-02-11.gh-issue-155695.Kf3xQa.rst
new file mode 100644
index 000000000000000..f0e8c7c849be220
--- /dev/null
+++ b/Misc/NEWS.d/next/Core_and_Builtins/2026-09-16-15-02-11.gh-issue-155695.Kf3xQa.rst
@@ -0,0 +1,3 @@
+Resolved names are now removed from :data:`sys.lazy_modules` more
+consistently: a lazy import of an already loaded module is no longer recorded,
+and reifying ``lazy from pkg import attr`` now discards the ``pkg.attr`` entry.
diff --git a/Python/import.c b/Python/import.c
index 2fa63dd01833a64..b9b3bc3fcdd20a7 100644
--- a/Python/import.c
+++ b/Python/import.c
@@ -4100,6 +4100,14 @@ _PyImport_LoadLazyImportTstate(PyThreadState *tstate, PyObject *lazy_import)
     }
 
 ok:
+    if (obj != NULL) {
+        PyObject *name = _PyLazyImport_GetName(lazy_import);
+        if (name == NULL || PySet_Discard(LAZY_MODULES(interp), name) < 0) {
+            Py_CLEAR(obj);
+        }
+        Py_XDECREF(name);
+    }
+
     if (PySet_Discard(importing, lazy_import) < 0) {
         Py_CLEAR(obj);
     }
@@ -4358,6 +4366,37 @@ PyImport_ImportModuleLevelObject(PyObject *name, PyObject *globals,
     return final_mod;
 }
 
+static int
+lazy_modules_add(PyThreadState *tstate, PyObject *name)
+{
+    PyObject *mod = import_get_module(tstate, name);
+    if (mod == NULL && PyErr_Occurred()) {
+        return -1;
+    }
+    int loaded = mod != NULL && mod != Py_None;
+    if (loaded && PyModule_Check(mod)) {
+        PyObject *spec;
+        if (PyDict_GetItemRef(_PyModule_GetDict(mod), &_Py_ID(__spec__), &spec) < 0) {
+            Py_DECREF(mod);
+            return -1;
+        }
+        loaded = spec == NULL || spec == Py_None;
+        if (!loaded) {
+            // Read the usual flag without callbacks or dictionary allocation.
+            // Unsupported spec representations stay conservatively tracked.
+            PyObject *initializing = NULL;
+            if ((Py_TYPE(spec)->tp_flags & Py_TPFLAGS_INLINE_VALUES) &&
+                _PyObject_TryGetInstanceAttribute(spec, &_Py_ID(_initializing), &initializing)) {
+                loaded = initializing == NULL || initializing == Py_False;
+            }
+            Py_XDECREF(initializing);
+        }
+        Py_XDECREF(spec);
+    }
+    Py_XDECREF(mod);
+    return loaded ? 0 : PySet_Add(LAZY_MODULES(tstate->interp), name);
+}
+
 // ensure we have the set for the parent module name in sys.lazy_modules.
 // Returns a new reference.
 static PyObject *
@@ -4446,21 +4485,32 @@ static int
 register_from_lazy_on_parent(PyThreadState *tstate, PyObject *abs_name,
                              PyObject *from)
 {
-    PyObject *fromname = PyUnicode_FromFormat("%U.%U", abs_name, from);
-    if (fromname == NULL) {
+    // IMPORT_FROM returns stored attributes directly.  Their imports are
+    // already resolved or tracked by their own placeholders, so skip the alias.
+    PyObject *mod = import_get_module(tstate, abs_name);
+    if (mod == NULL && PyErr_Occurred()) {
         return -1;
     }
+    int rc = 0;
+    if (mod != NULL && PyModule_Check(mod)) {
+        rc = PyDict_Contains(_PyModule_GetDict(mod), from);
+    }
+    Py_XDECREF(mod);
+    if (rc != 0) {
+        return rc < 0 ? -1 : 0;
+    }
 
-    // Add the module name to sys.lazy_modules set (PEP 810).
-    PyObject *lazy_modules = LAZY_MODULES(tstate->interp);
-    if (PySet_Add(lazy_modules, fromname) < 0) {
-        Py_DECREF(fromname);
+    PyObject *fromname = PyUnicode_FromFormat("%U.%U", abs_name, from);
+    if (fromname == NULL) {
         return -1;
     }
 
-    int res = register_lazy_on_parent(tstate, fromname);
+    rc = lazy_modules_add(tstate, fromname);
+    if (rc == 0) {
+        rc = register_lazy_on_parent(tstate, fromname);
+    }
     Py_DECREF(fromname);
-    return res;
+    return rc;
 }
 
 _PyLazySubmoduleImportResult
@@ -4627,9 +4677,7 @@ _PyImport_LazyImportModuleLevelObject(PyThreadState *tstate,
         return NULL;
     }
 
-    // Add the module name to sys.lazy_modules set (PEP 810).
-    PyObject *lazy_modules = LAZY_MODULES(tstate->interp);
-    if (PySet_Add(lazy_modules, abs_name) < 0) {
+    if (lazy_modules_add(tstate, abs_name) < 0) {
         goto error;
     }