diff --git a/CHANGELOG.md b/CHANGELOG.md
index 0cec01490..52ccde5ec 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -32,6 +32,7 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
   `tag_values`.
 ## Fixed
 - Fixed a race condition in `lading_signal` that caused lading to hang on shutdown.
+- Fixed a tag parsing bug that resulted in tags with hyphenated keys being merged with proceeding tag values.
 
 ## [0.30.0]
 ## Added
diff --git a/lading/src/bin/lading.rs b/lading/src/bin/lading.rs
index efea36e34..99cd19e80 100644
--- a/lading/src/bin/lading.rs
+++ b/lading/src/bin/lading.rs
@@ -102,16 +102,22 @@ impl FromStr for CliKeyValues {
     type Err = String;
 
     fn from_str(input: &str) -> Result<Self, Self::Err> {
-        // A key always matches `[[:alpha:]_]+` and a value conforms to
-        // `[[:alpha:]_:,`. A key is always followed by a '=' and then a
-        // value. A key and value pair are delimited from other pairs by
-        // ','. But note that ',' is a valid character in a value, so it's
-        // ambiguous whether the last member of a value after a ',' is a key.
+        // A key matches `[[:alnum:]_-]+` (letters, digits, underscores,
+        // hyphens) and a value conforms to `[[:alpha:]_:,`. A key is always
+        // followed by a '=' and then a value. A key and value pair are
+        // delimited from other pairs by ','. But note that ',' is a valid
+        // character in a value, so it's ambiguous whether the last member of
+        // a value after a ',' is a key.
         //
         // The approach taken here is to use the key notion as delimiter and
         // then tidy up afterward to find values.
+        //
+        // NOTE: the key regex must include hyphens and digits so that keys
+        // like "example-tag" or "image_tag" are matched as a single token.
+        // Without this, "example-tag=val" would be misparsed as key="tag"
+        // and the "example-" fragment would pollute the preceding value.
         static RE: LazyLock<Regex> = LazyLock::new(|| {
-            Regex::new(r"([[:alpha:]_]+)=").expect("Invalid regex pattern provided")
+            Regex::new(r"([[:alnum:]_-]+)=").expect("Invalid regex pattern provided")
         });
 
         let mut labels = FxHashMap::default();
@@ -895,6 +901,63 @@ generator: []
         );
     }
 
+    #[test]
+    fn cli_key_values_parses_hyphenated_keys() {
+        let val = "purpose=test,example-tag=example-value";
+        let deser =
+            CliKeyValues::from_str(val).expect("String cannot be converted into CliKeyValues");
+
+        assert_eq!(
+            deser.get("purpose").expect("purpose key missing"),
+            "test",
+            "purpose value should be exactly 'test', not polluted by adjacent keys"
+        );
+        assert_eq!(
+            deser.get("example-tag").expect("example-tag key missing"),
+            "example-value",
+            "hyphenated key 'example-tag' should be parsed as a single key"
+        );
+    }
+
+    #[test]
+    fn cli_key_values_parses_production_label_set() {
+        // Construct the comma-separated string the same way the harness does
+        let labels: Vec<(&str, &str)> = vec![
+            ("team_id", "11111111"),
+            ("experiment", "some_experiment"),
+            ("example-tag", "example-value"),
+            ("image_tag", "1.11.1"),
+            ("target", "datadog-agent"),
+            ("replicate", "3"),
+            ("purpose", "testing"),
+        ];
+
+        let mut input = String::new();
+        for (k, v) in &labels {
+            input.push_str(k);
+            input.push('=');
+            input.push_str(v);
+            input.push(',');
+        }
+        input.pop(); // remove trailing comma
+
+        let deser =
+            CliKeyValues::from_str(&input).expect("String cannot be converted into CliKeyValues");
+
+        for (k, v) in &labels {
+            let actual = deser.get(*k).unwrap_or_else(|| {
+                panic!(
+                    "key '{k}' missing from parsed result; got keys: {:?}",
+                    deser.inner.keys().collect::<Vec<_>>()
+                )
+            });
+            assert_eq!(
+                actual, *v,
+                "key '{k}': expected '{v}', got '{actual}' — possible cross-label pollution"
+            );
+        }
+    }
+
     #[tokio::test(flavor = "multi_thread")]
     async fn yaml_only_telemetry_configuration_works() {
         // Test that telemetry can be configured in YAML without CLI flags