diff --git a/Lib/multiprocessing/resource_tracker.py b/Lib/multiprocessing/resource_tracker.py
index c53092f6e34b32..12c27d55e58280 100644
--- a/Lib/multiprocessing/resource_tracker.py
+++ b/Lib/multiprocessing/resource_tracker.py
@@ -285,7 +285,12 @@ def main(fd):
         with open(fd, 'rb') as f:
             for line in f:
                 try:
-                    cmd, name, rtype = line.strip().decode('ascii').split(':')
+                    parts = line.strip().decode('ascii').split(':')
+                    if len(parts) < 3:
+                        raise ValueError("malformed resource_tracker message: %r" % (parts,))
+                    cmd = parts[0]
+                    rtype = parts[-1]
+                    name = ':'.join(parts[1:-1])
                     cleanup_func = _CLEANUP_FUNCS.get(rtype, None)
                     if cleanup_func is None:
                         raise ValueError(
diff --git a/Lib/test/_test_multiprocessing.py b/Lib/test/_test_multiprocessing.py
index a1c30bcfd51747..960e9402c9bd28 100644
--- a/Lib/test/_test_multiprocessing.py
+++ b/Lib/test/_test_multiprocessing.py
@@ -7335,3 +7335,41 @@ def test_forkpty(self):
         res = assert_python_failure("-c", code, PYTHONWARNINGS='error')
         self.assertIn(b'DeprecationWarning', res.err)
         self.assertIn(b'is multi-threaded, use of forkpty() may lead to deadlocks in the child', res.err)
+
+@unittest.skipUnless(HAS_SHMEM, "requires multiprocessing.shared_memory")
+class TestSharedMemoryNames(unittest.TestCase):
+    def test_that_shared_memory_name_with_colons_has_no_resource_tracker_errors(self):
+        # Test script that creates and cleans up shared memory with colon in name
+        test_script = textwrap.dedent("""
+            import sys
+            from multiprocessing import shared_memory
+            import time
+
+            # Test various patterns of colons in names
+            test_names = [
+                "a:b",
+                "a:b:c",
+                "test:name:with:many:colons",
+                ":starts:with:colon",
+                "ends:with:colon:",
+                "::double::colons::",
+            ]
+
+            for name in test_names:
+                try:
+                    shm = shared_memory.SharedMemory(create=True, size=100, name=name)
+                    shm.buf[:5] = b'hello'  # Write something to the shared memory
+                    shm.close()
+                    shm.unlink()
+
+                except Exception as e:
+                    print(f"Error with name '{name}': {e}", file=sys.stderr)
+                    sys.exit(1)
+
+            print("SUCCESS")
+        """)
+
+        rc, out, err = assert_python_ok("-c", test_script)
+        self.assertIn(b"SUCCESS", out)
+        self.assertNotIn(b"traceback", err.lower(), err)
+        self.assertNotIn(b"resource_tracker.py", err, err)
diff --git a/Misc/NEWS.d/next/Library/2025-09-03-20-18-39.gh-issue-98896.tjez89.rst b/Misc/NEWS.d/next/Library/2025-09-03-20-18-39.gh-issue-98896.tjez89.rst
new file mode 100644
index 00000000000000..6831499c0afb43
--- /dev/null
+++ b/Misc/NEWS.d/next/Library/2025-09-03-20-18-39.gh-issue-98896.tjez89.rst
@@ -0,0 +1,2 @@
+Fix a failure in multiprocessing resource_tracker when SharedMemory names contain colons.
+Patch by Rani Pinchuk.