diff --git a/index.js b/index.js
index 38a7d0d..975deac 100644
--- a/index.js
+++ b/index.js
@@ -146,20 +146,24 @@ function Hook (modules, options, hookFn) {
     }
 
     if (modules) {
-      for (const moduleName of modules) {
-        const nameMatch = moduleName === name
-        const specMatch = moduleName === specifier
-        if (nameMatch || specMatch) {
-          if (baseDir) {
-            if (internals) {
-              name = name + path.sep + path.relative(baseDir, fileURLToPath(filename))
-            } else {
-              if (!specMatch && !baseDir.endsWith(specifiers.get(filename))) {
-                continue
-              }
-            }
+      for (const matchArg of modules) {
+        if (matchArg === name) {
+          if (!baseDir) {
+            // built-in module (or unexpected non file:// name?)
+            callHookFn(hookFn, namespace, name, baseDir)
+          } else if (internals) {
+            const internalPath = name + path.sep + path.relative(baseDir, fileURLToPath(filename))
+            callHookFn(hookFn, namespace, internalPath, baseDir)
+          } else if (baseDir.endsWith(specifiers.get(filename))) {
+            // An import of the top-level module (e.g. `import 'ioredis'`).
+            // Note: Slight behaviour difference from RITM. RITM uses
+            // `require.resolve(name)` to see if `filename` is the module
+            // main file, which will catch `require('ioredis/built/index.js')`.
+            // The check here will not catch `import 'ioredis/built/index.js'`.
+            callHookFn(hookFn, namespace, name, baseDir)
           }
-          callHookFn(hookFn, namespace, name, baseDir)
+        } else if (matchArg === specifier) {
+          callHookFn(hookFn, namespace, specifier, baseDir)
         }
       }
     } else {
diff --git a/test/hook/v22-duplicate-entries.mjs b/test/hook/v22-duplicate-entries.mjs
new file mode 100644
index 0000000..a7d6edb
--- /dev/null
+++ b/test/hook/v22-duplicate-entries.mjs
@@ -0,0 +1,17 @@
+import { deepStrictEqual } from 'assert'
+import { Hook } from '../../index.js'
+
+const hits = []
+Hook(['some-external-module', 'some-external-module'], { internals: true }, (exports, name, baseDir) => {
+  hits.push(name)
+})
+
+await import('../fixtures/load-external-modules.mjs')
+
+// Should get hits for each of the two 'some-external-module' Hook entries.
+deepStrictEqual(hits, [
+  'some-external-module/sub.mjs',
+  'some-external-module/sub.mjs',
+  'some-external-module/index.mjs',
+  'some-external-module/index.mjs'
+])
diff --git a/test/hook/v22-hook-module-and-specifier.mjs b/test/hook/v22-hook-module-and-specifier.mjs
new file mode 100644
index 0000000..d28fce1
--- /dev/null
+++ b/test/hook/v22-hook-module-and-specifier.mjs
@@ -0,0 +1,15 @@
+import { deepStrictEqual } from 'assert'
+import { Hook } from '../../index.js'
+
+const hits = []
+Hook(['some-external-module', 'some-external-module/sub'], { internals: true }, (exports, name, baseDir) => {
+  hits.push(name)
+})
+
+await import('../fixtures/load-external-modules.mjs')
+
+deepStrictEqual(hits, [
+  'some-external-module/sub.mjs', // module name match, internals:true
+  'some-external-module/sub', // specifier match
+  'some-external-module/index.mjs' // module name match, internals:true
+])