diff --git a/src/ir/module-splitting.cpp b/src/ir/module-splitting.cpp
index 422b18b94ea..b557e774855 100644
--- a/src/ir/module-splitting.cpp
+++ b/src/ir/module-splitting.cpp
@@ -77,7 +77,6 @@
 #include "ir/find_all.h"
 #include "ir/module-utils.h"
 #include "ir/names.h"
-#include "support/insert_ordered.h"
 #include "support/unique_deferring_queue.h"
 #include "wasm-builder.h"
 #include "wasm.h"
@@ -755,13 +754,6 @@ ModuleSplitter::PrimarySecondaryUsedNames ModuleSplitter::computeUsedNames() {
       }
     }
 
-    for (auto name : used.tables) {
-      if (auto* table = primary.getTableOrNull(name)) {
-        if (table->init) {
-          collector.walk(table->init);
-        }
-      }
-    }
     return used;
   };
 
@@ -821,32 +813,69 @@ ModuleSplitter::PrimarySecondaryUsedNames ModuleSplitter::computeUsedNames() {
     }
   }
 
-  // Compute the transitive closure of globals referenced in other globals'
-  // initializers. Since globals can reference other globals, we must ensure
-  // that if a global is used in a module, all its dependencies are also marked
-  // as used.
-  auto computeTransitiveGlobals = [&](UsedNames& used) {
-    UniqueNonrepeatingDeferredQueue<Name> worklist;
-    for (auto global : used.globals) {
-      worklist.push(global);
+  // Given a name and a module item kind (field pointer), find which module
+  // "owns" it. If it is used by exactly one secondary module, that secondary
+  // module is the owner. If it is used by the primary module or multiple
+  // secondary modules, the primary module is the owner. If it is not used,
+  // returns nullptr.
+  auto getOwner = [&](Name name, auto UsedNames::* field) -> UsedNames* {
+    UsedNames* owner = nullptr;
+    if ((primaryUsed.*field).contains(name)) {
+      owner = &primaryUsed;
     }
-    while (!worklist.empty()) {
-      Name name = worklist.pop();
-      // At this point all globals are still in the primary module, so this
-      // exists
-      auto* global = primary.getGlobal(name);
-      if (!global->imported() && global->init) {
-        for (auto* get : FindAll<GlobalGet>(global->init).list) {
-          worklist.push(get->name);
-          used.globals.insert(get->name);
+    for (auto& sec : secondaryUsed) {
+      if ((sec.*field).contains(name)) {
+        if (owner) {
+          owner = &primaryUsed;
+          break;
         }
+        owner = &sec;
       }
     }
+    return owner;
   };
 
-  computeTransitiveGlobals(primaryUsed);
-  for (auto& used : secondaryUsed) {
-    computeTransitiveGlobals(used);
+  // Scan table initializers into their owning modules. If a table is used by a
+  // single secondary module, its initializer dependencies are marked as "used"
+  // in that secondary module. Otherwise, they are marked as used in the primary
+  // module.
+  if (primary.features.hasGC()) {
+    for (auto& table : primary.tables) {
+      if (!table->init) {
+        continue;
+      }
+      if (UsedNames* owner = getOwner(table->name, &UsedNames::tables)) {
+        NameCollector(*owner).walk(table->init);
+      }
+    }
+  }
+
+  // Compute the transitive closure of globals referenced in other globals'
+  // initializers. A global's initializer is evaluated by the module that
+  // defines it.
+  UniqueDeferredQueue<Name> worklist;
+  for (auto name : primaryUsed.globals) {
+    worklist.push(name);
+  }
+  for (auto& sec : secondaryUsed) {
+    for (auto name : sec.globals) {
+      worklist.push(name);
+    }
+  }
+
+  while (!worklist.empty()) {
+    Name name = worklist.pop();
+    auto* global = primary.getGlobal(name);
+    if (!global->init) {
+      continue;
+    }
+    if (UsedNames* owner = getOwner(name, &UsedNames::globals)) {
+      for (auto* get : FindAll<GlobalGet>(global->init).list) {
+        if (owner->globals.insert(get->name).second) {
+          worklist.push(get->name);
+        }
+      }
+    }
   }
 
   return std::make_pair(primaryUsed, secondaryUsed);
diff --git a/test/lit/wasm-split/table-init-deps.wast b/test/lit/wasm-split/table-init-deps.wast
new file mode 100644
index 00000000000..7bd40a65a1b
--- /dev/null
+++ b/test/lit/wasm-split/table-init-deps.wast
@@ -0,0 +1,53 @@
+;; NOTE: Assertions have been generated by update_lit_checks.py --all-items and should not be edited.
+;; RUN: wasm-split %s -all -g -o1 %t.1.wasm -o2 %t.2.wasm --keep-funcs=keep
+;; RUN: wasm-dis %t.1.wasm | filecheck %s --check-prefix PRIMARY
+;; RUN: wasm-dis %t.2.wasm | filecheck %s --check-prefix SECONDARY
+
+(module
+  ;; PRIMARY:      (type $0 (func))
+
+  ;; PRIMARY:      (import "env" "g" (global $g funcref))
+  (import "env" "g" (global $g funcref))
+
+  ;; A table used by both $keep and $split.
+  ;; The table stays in PRIMARY. $g should stay in PRIMARY and NOT be
+  ;; exported/imported.
+  ;; PRIMARY:      (table $t 1 1 funcref (global.get $g))
+  (table $t 1 1 funcref (global.get $g))
+
+  ;; PRIMARY:      (export "table" (table $t))
+
+  ;; PRIMARY:      (func $keep
+  ;; PRIMARY-NEXT:  (drop
+  ;; PRIMARY-NEXT:   (table.get $t
+  ;; PRIMARY-NEXT:    (i32.const 0)
+  ;; PRIMARY-NEXT:   )
+  ;; PRIMARY-NEXT:  )
+  ;; PRIMARY-NEXT: )
+  (func $keep
+    (drop
+      (table.get $t
+        (i32.const 0)
+      )
+    )
+  )
+
+  ;; SECONDARY:      (type $0 (func))
+
+  ;; SECONDARY:      (import "primary" "table" (table $t 1 1 funcref))
+
+  ;; SECONDARY:      (func $split
+  ;; SECONDARY-NEXT:  (drop
+  ;; SECONDARY-NEXT:   (table.get $t
+  ;; SECONDARY-NEXT:    (i32.const 0)
+  ;; SECONDARY-NEXT:   )
+  ;; SECONDARY-NEXT:  )
+  ;; SECONDARY-NEXT: )
+  (func $split
+    (drop
+      (table.get $t
+        (i32.const 0)
+      )
+    )
+  )
+)
diff --git a/test/lit/wasm-split/transitive-globals-multi.wast b/test/lit/wasm-split/transitive-globals-multi.wast
new file mode 100644
index 00000000000..f9eda9a7d59
--- /dev/null
+++ b/test/lit/wasm-split/transitive-globals-multi.wast
@@ -0,0 +1,52 @@
+;; NOTE: Assertions have been generated by update_lit_checks.py --all-items and should not be edited.
+;; RUN: wasm-split -all -g --multi-split %s --manifest %s.manifest --out-prefix=%t -o %t.wasm
+;; RUN: wasm-dis %t.wasm | filecheck %s --check-prefix PRIMARY
+;; RUN: wasm-dis %t1.wasm | filecheck %s --check-prefix SECONDARY1
+;; RUN: wasm-dis %t2.wasm | filecheck %s --check-prefix SECONDARY2
+
+;; Because global $e is used in both module1 ($split1) and module2 ($split2), $e
+;; will be exported / imported, but we don't need to export $f.
+
+(module
+  ;; PRIMARY:      (type $0 (func))
+
+  ;; PRIMARY:      (global $f i32 (i32.const 42))
+  (global $f i32 (i32.const 42))
+  ;; PRIMARY:      (global $e i32 (global.get $f))
+  (global $e i32 (global.get $f))
+
+  ;; PRIMARY:      (export "global" (global $e))
+
+  ;; PRIMARY:      (func $keep
+  ;; PRIMARY-NEXT:  (nop)
+  ;; PRIMARY-NEXT: )
+  (func $keep
+    (nop)
+  )
+
+  ;; SECONDARY1:      (type $0 (func))
+
+  ;; SECONDARY1:      (import "primary" "global" (global $e i32))
+
+  ;; SECONDARY1:      (func $split1
+  ;; SECONDARY1-NEXT:  (drop
+  ;; SECONDARY1-NEXT:   (global.get $e)
+  ;; SECONDARY1-NEXT:  )
+  ;; SECONDARY1-NEXT: )
+  (func $split1
+    (drop (global.get $e))
+  )
+
+  ;; SECONDARY2:      (type $0 (func))
+
+  ;; SECONDARY2:      (import "primary" "global" (global $e i32))
+
+  ;; SECONDARY2:      (func $split2
+  ;; SECONDARY2-NEXT:  (drop
+  ;; SECONDARY2-NEXT:   (global.get $e)
+  ;; SECONDARY2-NEXT:  )
+  ;; SECONDARY2-NEXT: )
+  (func $split2
+    (drop (global.get $e))
+  )
+)
diff --git a/test/lit/wasm-split/transitive-globals-multi.wast.manifest b/test/lit/wasm-split/transitive-globals-multi.wast.manifest
new file mode 100644
index 00000000000..56731c0a1f9
--- /dev/null
+++ b/test/lit/wasm-split/transitive-globals-multi.wast.manifest
@@ -0,0 +1,5 @@
+1:
+split1
+
+2:
+split2
diff --git a/test/lit/wasm-split/transitive-globals.wast b/test/lit/wasm-split/transitive-globals.wast
index a0bac6c3364..a277ec72605 100644
--- a/test/lit/wasm-split/transitive-globals.wast
+++ b/test/lit/wasm-split/transitive-globals.wast
@@ -22,11 +22,9 @@
   ;; PRIMARY:      (global $f i32 (i32.const 42))
   ;; PRIMARY:      (global $e i32 (global.get $f))
 
-  ;; PRIMARY:      (export "global" (global $f))
-  ;; PRIMARY:      (export "global_1" (global $e))
+  ;; PRIMARY:      (export "global" (global $e))
 
-  ;; SECONDARY:      (import "primary" "global" (global $f i32))
-  ;; SECONDARY:      (import "primary" "global_1" (global $e i32))
+  ;; SECONDARY:      (import "primary" "global" (global $e i32))
 
   ;; SECONDARY:      (global $c i32 (i32.const 42))
   ;; SECONDARY:      (global $b i32 (global.get $c))