diff --git a/packages/react-dom/src/__tests__/ReactDOMForm-test.js b/packages/react-dom/src/__tests__/ReactDOMForm-test.js
index 03b9076b338..96021e305ae 100644
--- a/packages/react-dom/src/__tests__/ReactDOMForm-test.js
+++ b/packages/react-dom/src/__tests__/ReactDOMForm-test.js
@@ -2281,4 +2281,64 @@ describe('ReactDOMForm', () => {
     await submit(formRef.current);
     assertLog(['stringified action']);
   });
+
+  it('form actions should retain status when nested state changes', async () => {
+    const formRef = React.createRef();
+
+    let rerenderUnrelatedStatus;
+    function UnrelatedStatus() {
+      const {pending} = useFormStatus();
+      const [counter, setCounter] = useState(0);
+      rerenderUnrelatedStatus = () => setCounter(n => n + 1);
+      Scheduler.log(`[unrelated form] pending: ${pending}, state: ${counter}`);
+    }
+
+    let rerenderTargetStatus;
+    function TargetStatus() {
+      const {pending} = useFormStatus();
+      const [counter, setCounter] = useState(0);
+      Scheduler.log(`[target form] pending: ${pending}, state: ${counter}`);
+      rerenderTargetStatus = () => setCounter(n => n + 1);
+    }
+
+    function App() {
+      async function action() {
+        return new Promise(resolve => {
+          // never resolves
+        });
+      }
+
+      return (
+        <>
+          <form action={action} ref={formRef}>
+            <input type="submit" />
+            <TargetStatus />
+          </form>
+          <form>
+            <UnrelatedStatus />
+          </form>
+        </>
+      );
+    }
+
+    const root = ReactDOMClient.createRoot(container);
+    await act(() => root.render(<App />));
+
+    assertLog([
+      '[target form] pending: false, state: 0',
+      '[unrelated form] pending: false, state: 0',
+    ]);
+
+    await submit(formRef.current);
+
+    assertLog(['[target form] pending: true, state: 0']);
+
+    await act(() => rerenderTargetStatus());
+
+    assertLog(['[target form] pending: true, state: 1']);
+
+    await act(() => rerenderUnrelatedStatus());
+
+    assertLog(['[unrelated form] pending: false, state: 1']);
+  });
 });
diff --git a/packages/react-reconciler/src/ReactFiberBeginWork.js b/packages/react-reconciler/src/ReactFiberBeginWork.js
index 7020af6e043..ba401a55d4b 100644
--- a/packages/react-reconciler/src/ReactFiberBeginWork.js
+++ b/packages/react-reconciler/src/ReactFiberBeginWork.js
@@ -1974,7 +1974,7 @@ function updateHostComponent(
     // If the transition state changed, propagate the change to all the
     // descendents. We use Context as an implementation detail for this.
     //
-    // This is intentionally set here instead of pushHostContext because
+    // We need to update it here because
     // pushHostContext gets called before we process the state hook, to avoid
     // a state mismatch in the event that something suspends.
     //
diff --git a/packages/react-reconciler/src/ReactFiberHostContext.js b/packages/react-reconciler/src/ReactFiberHostContext.js
index 10ea377fc2b..2d2ec4c88ac 100644
--- a/packages/react-reconciler/src/ReactFiberHostContext.js
+++ b/packages/react-reconciler/src/ReactFiberHostContext.js
@@ -9,7 +9,11 @@
 
 import type {Fiber} from './ReactInternalTypes';
 import type {StackCursor} from './ReactFiberStack';
-import type {Container, HostContext} from './ReactFiberConfig';
+import type {
+  Container,
+  HostContext,
+  TransitionStatus,
+} from './ReactFiberConfig';
 import type {Hook} from './ReactFiberHooks';
 
 import {
@@ -92,6 +96,21 @@ function getHostContext(): HostContext {
 function pushHostContext(fiber: Fiber): void {
   const stateHook: Hook | null = fiber.memoizedState;
   if (stateHook !== null) {
+    // Propagate the current state to all the descendents.
+    // We use Context as an implementation detail for this.
+    //
+    // NOTE: This assumes that there cannot be nested transition providers,
+    // because the only renderer that implements this feature is React DOM,
+    // and forms cannot be nested. If we did support nested providers, then
+    // we would need to push a context value even for host fibers that
+    // haven't been upgraded yet.
+    const transitionStatus: TransitionStatus = stateHook.memoizedState;
+    if (isPrimaryRenderer) {
+      HostTransitionContext._currentValue = transitionStatus;
+    } else {
+      HostTransitionContext._currentValue2 = transitionStatus;
+    }
+
     // Only provide context if this fiber has been upgraded by a host
     // transition. We use the same optimization for regular host context below.
     push(hostTransitionProviderCursor, fiber, fiber);