diff --git a/.changeset/inspector-agenda-pick.md b/.changeset/inspector-agenda-pick.md
new file mode 100644
index 00000000..11cd17c3
--- /dev/null
+++ b/.changeset/inspector-agenda-pick.md
@@ -0,0 +1,5 @@
+---
+'@open-slide/core': patch
+---
+
+Keep inspector selection on tagged inline text inside untagged Agenda-style wrappers.
diff --git a/packages/core/src/app/lib/inspector/pick-target.test.ts b/packages/core/src/app/lib/inspector/pick-target.test.ts
new file mode 100644
index 00000000..90dc61b4
--- /dev/null
+++ b/packages/core/src/app/lib/inspector/pick-target.test.ts
@@ -0,0 +1,102 @@
+import { afterAll, beforeAll, describe, expect, it, vi } from 'vitest';
+import { pickInspectorTarget } from './pick-target.ts';
+
+class FakeText {
+  readonly nodeType = 3;
+  constructor(readonly textContent: string) {}
+}
+
+class FakeHTMLElement {
+  parentElement: FakeHTMLElement | null = null;
+  childNodes: Array<FakeHTMLElement | FakeText> = [];
+  dataset: Record<string, string> = {};
+  private root: FakeHTMLElement | null = null;
+
+  constructor(readonly tagName: string) {}
+
+  get textContent(): string {
+    return this.childNodes
+      .map((n) => (n instanceof FakeText ? n.textContent : n.textContent))
+      .join('');
+  }
+
+  hasAttribute(name: string): boolean {
+    return name === 'data-slide-loc' && this.dataset.slideLoc !== undefined;
+  }
+
+  closest(selector: string): FakeHTMLElement | null {
+    if (selector !== '[data-inspector-root]') return null;
+    return this.root;
+  }
+
+  contains(other: FakeHTMLElement): boolean {
+    for (let cur: FakeHTMLElement | null = other; cur; cur = cur.parentElement) {
+      if (cur === this) return true;
+    }
+    return false;
+  }
+
+  append(...nodes: Array<FakeHTMLElement | FakeText>) {
+    for (const n of nodes) {
+      if (n instanceof FakeHTMLElement) n.parentElement = this;
+      this.childNodes.push(n);
+    }
+  }
+
+  markRoot() {
+    this.root = this;
+    const walk = (el: FakeHTMLElement) => {
+      el.root = this;
+      for (const child of el.childNodes) {
+        if (child instanceof FakeHTMLElement) walk(child);
+      }
+    };
+    walk(this);
+  }
+}
+
+function tagged(tag: string, text: string, loc = '10:4'): FakeHTMLElement {
+  const el = new FakeHTMLElement(tag);
+  el.dataset.slideLoc = loc;
+  el.append(new FakeText(text));
+  return el;
+}
+
+function untagged(tag: string, ...children: Array<FakeHTMLElement | FakeText>): FakeHTMLElement {
+  const el = new FakeHTMLElement(tag);
+  el.append(...children);
+  return el;
+}
+
+beforeAll(() => {
+  vi.stubGlobal('HTMLElement', FakeHTMLElement);
+});
+
+afterAll(() => {
+  vi.unstubAllGlobals();
+});
+
+describe('pickInspectorTarget', () => {
+  it('keeps a tagged inline under an untagged Agenda-style list item', () => {
+    const span = tagged('SPAN', 'What changed?');
+    const li = untagged('LI', span);
+    const root = untagged('DIV', li);
+    root.markRoot();
+
+    expect(pickInspectorTarget(span as unknown as HTMLElement)).toBe(span);
+  });
+
+  it('still promotes nested inline marks into a tagged paragraph', () => {
+    const strong = untagged('STRONG', new FakeText('bold'));
+    const p = untagged('P', new FakeText('a '), strong);
+    p.dataset.slideLoc = '12:2';
+    const root = untagged('DIV', p);
+    root.markRoot();
+
+    expect(pickInspectorTarget(strong as unknown as HTMLElement)).toBe(p);
+  });
+
+  it('returns null for a null start element', () => {
+    expect(pickInspectorTarget(null)).toBeNull();
+  });
+});
diff --git a/packages/core/src/app/lib/inspector/pick-target.ts b/packages/core/src/app/lib/inspector/pick-target.ts
index 91f994a3..d918606b 100644
--- a/packages/core/src/app/lib/inspector/pick-target.ts
+++ b/packages/core/src/app/lib/inspector/pick-target.ts
@@ -25,9 +25,19 @@ export function pickInspectorTarget(el: HTMLElement | null): HTMLElement | null
   if (!el) return null;
   const root = el.closest('[data-inspector-root]');
   const startedOnInlineText = INLINE_TEXT_TAGS.has(el.tagName);
+  // Agenda-style helpers wrap slide-tagged inlines in untagged hosts
+  // (`<li><span data-slide-loc>`). Promote to the tagged inline, not the
+  // wrapper — findSlideSource only walks ancestors via closest().
+  let taggedInline: HTMLElement | null = null;
   for (let cur: HTMLElement | null = el; cur && root?.contains(cur); cur = cur.parentElement) {
-    if (startedOnInlineText && INLINE_TEXT_TAGS.has(cur.tagName)) continue;
-    if (isEditableTextContainer(cur)) return cur;
+    if (startedOnInlineText && INLINE_TEXT_TAGS.has(cur.tagName)) {
+      if (cur.hasAttribute('data-slide-loc')) taggedInline ??= cur;
+      continue;
+    }
+    if (isEditableTextContainer(cur)) {
+      if (taggedInline && !cur.hasAttribute('data-slide-loc')) return taggedInline;
+      return cur;
+    }
   }
   return el;
 }