diff --git a/internal/module/resolver.go b/internal/module/resolver.go
index 6aceb4238f..d054c1846d 100644
--- a/internal/module/resolver.go
+++ b/internal/module/resolver.go
@@ -861,7 +861,7 @@ func (r *resolutionState) loadModuleFromSpecificNodeModulesDirectory(ext extensi
 			return fromDirectory
 		}
 		// !!! this is ported exactly, but checking for null seems wrong?
-		if packageInfo.Exists() &&
+		if rest == "" && packageInfo.Exists() &&
 			(packageInfo.Contents.Exports.Type == packagejson.JSONValueTypeNotPresent || packageInfo.Contents.Exports.Type == packagejson.JSONValueTypeNull) &&
 			r.esmMode {
 			// EsmMode disables index lookup in `loadNodeModuleFromDirectoryWorker` generally, however non-relative package resolutions still assume
diff --git a/testdata/baselines/reference/submodule/conformance/nodeModulesNoDirectoryModule.errors.txt b/testdata/baselines/reference/submodule/conformance/nodeModulesNoDirectoryModule.errors.txt
new file mode 100644
index 0000000000..b6f165f8b9
--- /dev/null
+++ b/testdata/baselines/reference/submodule/conformance/nodeModulesNoDirectoryModule.errors.txt
@@ -0,0 +1,26 @@
+/index.ts(2,8): error TS2307: Cannot find module 'i-have-a-dir-and-main/dist/dir' or its corresponding type declarations.
+
+
+==== /node_modules/i-have-a-dir-and-main/package.json (0 errors) ====
+    {
+      "name": "i-have-a-dir-and-main",
+      "version": "1.0.0",
+      "type": "module",
+      "main": "dist/index.js"
+    }
+    
+==== /node_modules/i-have-a-dir-and-main/dist/index.d.ts (0 errors) ====
+    export declare const a = 1;
+    
+==== /node_modules/i-have-a-dir-and-main/dist/dir/index.d.ts (0 errors) ====
+    export declare const b = 2;
+    
+==== /package.json (0 errors) ====
+    { "type": "module" }
+    
+==== /index.ts (1 errors) ====
+    import 'i-have-a-dir-and-main' // ok
+    import 'i-have-a-dir-and-main/dist/dir' // error
+           ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
+!!! error TS2307: Cannot find module 'i-have-a-dir-and-main/dist/dir' or its corresponding type declarations.
+    
\ No newline at end of file
diff --git a/testdata/baselines/reference/submodule/conformance/nodeModulesNoDirectoryModule.errors.txt.diff b/testdata/baselines/reference/submodule/conformance/nodeModulesNoDirectoryModule.errors.txt.diff
deleted file mode 100644
index 028df7e36c..0000000000
--- a/testdata/baselines/reference/submodule/conformance/nodeModulesNoDirectoryModule.errors.txt.diff
+++ /dev/null
@@ -1,30 +0,0 @@
---- old.nodeModulesNoDirectoryModule.errors.txt
-+++ new.nodeModulesNoDirectoryModule.errors.txt
-@@= skipped -0, +0 lines =@@
--/index.ts(2,8): error TS2307: Cannot find module 'i-have-a-dir-and-main/dist/dir' or its corresponding type declarations.
--
--
--==== /node_modules/i-have-a-dir-and-main/package.json (0 errors) ====
--    {
--      "name": "i-have-a-dir-and-main",
--      "version": "1.0.0",
--      "type": "module",
--      "main": "dist/index.js"
--    }
--    
--==== /node_modules/i-have-a-dir-and-main/dist/index.d.ts (0 errors) ====
--    export declare const a = 1;
--    
--==== /node_modules/i-have-a-dir-and-main/dist/dir/index.d.ts (0 errors) ====
--    export declare const b = 2;
--    
--==== /package.json (0 errors) ====
--    { "type": "module" }
--    
--==== /index.ts (1 errors) ====
--    import 'i-have-a-dir-and-main' // ok
--    import 'i-have-a-dir-and-main/dist/dir' // error
--           ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
--!!! error TS2307: Cannot find module 'i-have-a-dir-and-main/dist/dir' or its corresponding type declarations.
--    
-+<no content>
\ No newline at end of file