diff --git a/src/nvim/api/events.c b/src/nvim/api/events.c
index 6290e52ffa..2df152795b 100644
--- a/src/nvim/api/events.c
+++ b/src/nvim/api/events.c
@@ -67,10 +67,6 @@ void nvim_ui_term_event(uint64_t channel_id, String event, Object value, Error *
 
     const String termresponse = value.data.string;
     set_vim_var_string(VV_TERMRESPONSE, termresponse.data, (ptrdiff_t)termresponse.size);
-
-    MAXSIZE_TEMP_DICT(data, 1);
-    PUT_C(data, "sequence", value);
-    apply_autocmds_group(EVENT_TERMRESPONSE, NULL, NULL, true, AUGROUP_ALL, NULL, NULL,
-                         &DICT_OBJ(data));
+    do_termresponse_autocmd(termresponse);
   }
 }
diff --git a/src/nvim/autocmd.c b/src/nvim/autocmd.c
index fc9e28339a..183750857b 100644
--- a/src/nvim/autocmd.c
+++ b/src/nvim/autocmd.c
@@ -105,7 +105,7 @@ static int autocmd_blocked = 0;  // block all autocmds
 static bool autocmd_nested = false;
 static bool autocmd_include_groups = false;
 
-static char *old_termresponse = NULL;
+static bool termresponse_changed = false;
 
 // Map of autocmd group names and ids.
 //  name -> ID
@@ -2033,13 +2033,22 @@ BYPASS_AU:
   return retval;
 }
 
+void do_termresponse_autocmd(const String sequence)
+{
+  MAXSIZE_TEMP_DICT(data, 1);
+  PUT_C(data, "sequence", STRING_OBJ(sequence));
+  apply_autocmds_group(EVENT_TERMRESPONSE, NULL, NULL, true, AUGROUP_ALL, NULL, NULL,
+                       &DICT_OBJ(data));
+  termresponse_changed = true;
+}
+
 // Block triggering autocommands until unblock_autocmd() is called.
 // Can be used recursively, so long as it's symmetric.
 void block_autocmds(void)
 {
-  // Remember the value of v:termresponse.
+  // Detect if v:termresponse is set while blocked.
   if (!is_autocmd_blocked()) {
-    old_termresponse = get_vim_var_str(VV_TERMRESPONSE);
+    termresponse_changed = false;
   }
   autocmd_blocked++;
 }
@@ -2051,8 +2060,11 @@ void unblock_autocmds(void)
   // When v:termresponse was set while autocommands were blocked, trigger
   // the autocommands now.  Esp. useful when executing a shell command
   // during startup (nvim -d).
-  if (!is_autocmd_blocked() && get_vim_var_str(VV_TERMRESPONSE) != old_termresponse) {
-    apply_autocmds(EVENT_TERMRESPONSE, NULL, NULL, false, curbuf);
+  if (!is_autocmd_blocked() && termresponse_changed && has_event(EVENT_TERMRESPONSE)) {
+    // Copied to a new allocation, as termresponse may be freed during the event.
+    const String sequence = cstr_to_string(get_vim_var_str(VV_TERMRESPONSE));
+    do_termresponse_autocmd(sequence);
+    api_free_string(sequence);
   }
 }
 
diff --git a/test/functional/terminal/tui_spec.lua b/test/functional/terminal/tui_spec.lua
index 6f2cc4db55..f9ecbeb865 100644
--- a/test/functional/terminal/tui_spec.lua
+++ b/test/functional/terminal/tui_spec.lua
@@ -2707,6 +2707,71 @@ describe('TUI', function()
     end)
   end)
 
+  it('TermResponse from unblock_autocmds() sets "data"', function()
+    if not child_exec_lua('return pcall(require, "ffi")') then
+      pending('N/A: missing LuaJIT FFI')
+    end
+    child_exec_lua([[
+      local ffi = require('ffi')
+      ffi.cdef[=[
+        void block_autocmds(void);
+        void unblock_autocmds(void);
+      ]=]
+      ffi.C.block_autocmds()
+      vim.api.nvim_create_autocmd('TermResponse', {
+        once = true,
+        callback = function(ev)
+          _G.data = ev.data
+        end,
+      })
+    ]])
+    feed_data('\027P0$r\027\\')
+    retry(nil, 4000, function()
+      eq('\027P0$r', child_exec_lua('return vim.v.termresponse'))
+    end)
+    eq(vim.NIL, child_exec_lua('return _G.data'))
+    child_exec_lua('require("ffi").C.unblock_autocmds()')
+    eq({ sequence = '\027P0$r' }, child_exec_lua('return _G.data'))
+
+    -- If TermResponse during TermResponse changes v:termresponse, data.sequence contains the actual
+    -- response that triggered the autocommand.
+    -- The second autocommand below forces a use-after-free when v:termresponse's value changes
+    -- during TermResponse if data.sequence didn't allocate its own copy.
+    child_exec_lua([[
+      require('ffi').C.block_autocmds()
+      vim.api.nvim_create_autocmd('TermResponse', {
+        once = true,
+        callback = function(ev)
+          _G.au1_termresponse1 = vim.v.termresponse
+          _G.au1_sequence1 = ev.data.sequence
+          local chan = vim.fn.sockconnect('pipe', vim.v.servername, { rpc = true })
+          vim.rpcrequest(chan, 'nvim_ui_term_event', 'termresponse', 'baz')
+          _G.au1_termresponse2 = vim.v.termresponse
+          _G.au1_sequence2 = ev.data.sequence
+        end,
+      })
+      _G.au2_sequences = {}
+      vim.api.nvim_create_autocmd('TermResponse', {
+        callback = function(ev)
+          table.insert(_G.au2_sequences, ev.data.sequence)
+        end,
+      })
+    ]])
+    child_session:request('nvim_ui_term_event', 'termresponse', 'foobar')
+    eq('foobar', child_exec_lua('return vim.v.termresponse'))
+    -- For good measure, check deferred TermResponse doesn't try to fire if autocmds are still
+    -- blocked after unblock_autocmds.
+    child_exec_lua('require("ffi").C.block_autocmds() require("ffi").C.unblock_autocmds()')
+    eq(vim.NIL, child_exec_lua('return _G.au1_termresponse1'))
+    child_exec_lua('require("ffi").C.unblock_autocmds()')
+    eq('foobar', child_exec_lua('return _G.au1_termresponse1'))
+    eq('foobar', child_exec_lua('return _G.au1_sequence1'))
+    eq('baz', child_exec_lua('return _G.au1_termresponse2'))
+    eq('foobar', child_exec_lua('return _G.au1_sequence2')) -- unchanged
+    -- Second autocmd triggers due to "baz" (via the nested TermResponse), then from "foobar".
+    eq({ 'baz', 'foobar' }, child_exec_lua('return _G.au2_sequences'))
+  end)
+
   it('nvim_ui_send works', function()
     child_session:request('nvim_ui_send', '\027]2;TEST_TITLE\027\\')
     retry(nil, nil, function()