diff --git a/.changeset/equals-netting-4483.md b/.changeset/equals-netting-4483.md
new file mode 100644
index 0000000000..abaa123caf
--- /dev/null
+++ b/.changeset/equals-netting-4483.md
@@ -0,0 +1,5 @@
+---
+"@solidjs/signals": patch
+---
+
+A write that a custom `equals` calls equal to the committed value now nets to it (D-8) while another write to the signal is staged, so it pends nothing (#4483).
diff --git a/packages/signals/src/core/core.ts b/packages/signals/src/core/core.ts
index bd34b91e96..31c6d4f89d 100644
--- a/packages/signals/src/core/core.ts
+++ b/packages/signals/src/core/core.ts
@@ -2543,10 +2543,17 @@ export function setSignal<T>(el: Signal<T> | Computed<T>, v: T | ((prev: T) => T
   // user comparator must not run against `undefined` (matches recompute).
   // D-41: a write over a shown error is a change whatever the last good
   // value was — the error leaves at its commit (`commitPendingNode`).
+  // `custom`: with the verdict engine, whether `el` carries a comparator of
+  // its own — `isSame`'s fast-path test, taken once for this gate and D-8's
+  // netting below, so the default comparator's `===` runs inline and a
+  // rewrite loop pays nothing for the netting (CodSpeed `propagation:
+  // avoidable`). Without the engine it is `null`: the gate folds to the
+  // plain `isSame` call and the netting away, byte for byte as before.
+  const custom = observeFlightHook ? el._equals !== isEqual : null;
   const valueChanged =
     !!((el as Computed<T>)._statusFlags & STATUS_UNINITIALIZED) ||
     !!el._x?._shownError ||
-    !isSame(el, currentValue, v);
+    (custom === false ? currentValue !== v : !isSame(el, currentValue, v));
   if (!valueChanged) return v;
 
   // Attribution hook: this committed write is where a re-run chain begins.
@@ -2568,7 +2575,22 @@ export function setSignal<T>(el: Signal<T> | Computed<T>, v: T | ((prev: T) => T
   // A28: a held node rewritten outside a flush keeps its flushed staging
   // for every reader until the flush that carries the rewrite.
   else if (el._config & CONFIG_HELD && !globalQueue._running) stashFlushed(el);
-  el._pendingValue = v;
+  // D-8 (#4483): a staged rewrite the comparator calls equal to the
+  // committed value nets to it; staging the committed value itself lets
+  // every netted test (`_pendingValue === _value`) see writes that made no
+  // proposal. (Unstaged, the gate above already compared it.)
+  // The netted test reads it only with the verdict engine (`isPending`,
+  // `latest`): a build without it stages `v` as written. Under the default
+  // comparator only the committed object itself is equal, and `v` is already
+  // it, so a rewrite loop pays one local test (`custom`, from the gate).
+  // (`custom` is truthy only with the engine installed.)
+  el._pendingValue =
+    custom &&
+    wasStaged &&
+    !((el as Computed<T>)._statusFlags & STATUS_UNINITIALIZED || el._x?._shownError) &&
+    isSame(el, el._value, v)
+      ? el._value
+      : v;
   // A28 arm, gated on the load the write already pays for (`context`); the
   // arm itself is a cold helper so setSignal stays within every setter's
   // inlining budget, ~300 B bytecode.
diff --git a/packages/signals/tests/netted-equals-4483.test.ts b/packages/signals/tests/netted-equals-4483.test.ts
new file mode 100644
index 0000000000..fe90ddcbbe
--- /dev/null
+++ b/packages/signals/tests/netted-equals-4483.test.ts
@@ -0,0 +1,66 @@
+// #4483 (D-8: a tick whose writes net to the slot's committed value made no
+// proposal). An action rewrites a signal back to its committed value while a
+// mainline write to it is still staged. Under a custom `equals`, a new object
+// the comparator calls equal nets exactly like the committed object itself:
+// the slot pends nothing, so `isPending` of a memo over it stays `false`.
+// Without a custom `equals`, only identity nets; a new object is a proposal.
+import { afterEach, describe, expect, it } from "vitest";
+import {
+  action,
+  createMemo,
+  createRenderEffect,
+  createRoot,
+  createSignal,
+  flush,
+  isPending,
+  resetErrorHalt
+} from "../src/index.js";
+
+afterEach(() => resetErrorHalt());
+const tick = async () => {
+  await new Promise(r => setTimeout(r, 0));
+  flush();
+};
+
+const run = async (custom: boolean, write: "committed" | "copy") => {
+  const one = { k: 1 };
+  const [s, setS] = createSignal(one, custom ? { equals: (a, b) => a.k === b.k } : undefined);
+  const seen: boolean[] = [];
+  const dispose = createRoot(d => {
+    const m0 = createMemo(() => {
+      const v = s().k + 1;
+      if (v % 4 === 2) throw new Error(`m0:${v}`);
+      return v;
+    });
+    createRenderEffect(
+      () => isPending(m0),
+      v => void seen.push(v)
+    );
+    return d;
+  });
+  flush();
+  const act = action(function* () {
+    setS(write === "committed" ? one : { k: 1 });
+    yield new Promise(() => {});
+  });
+  setS({ k: 2 });
+  act();
+  await tick();
+  dispose();
+  return seen;
+};
+
+describe("#4483: writes that net under a custom equals pend nothing (D-8)", () => {
+  it("nets the committed object itself (identity)", async () => {
+    expect(await run(true, "committed")).toEqual([false]);
+  });
+
+  it("nets a new object the comparator calls equal", async () => {
+    expect(await run(true, "copy")).toEqual([false]);
+  });
+
+  it("without a custom equals, nets only the committed object", async () => {
+    expect(await run(false, "committed")).toEqual([false]);
+    expect(await run(false, "copy")).toEqual([false, true]);
+  });
+});