diff --git a/src/overview.ts b/src/overview.ts
index 856d029b..bec118a0 100644
--- a/src/overview.ts
+++ b/src/overview.ts
@@ -16,10 +16,14 @@ function formatCost(usd: number): string {
 function formatTokens(n: number): string {
   return Math.round(n).toLocaleString()
 }
+function isAbsoluteProjectPath(path: string): boolean {
+  return path.startsWith('/') || path.startsWith('\\') || /^[a-zA-Z]:[/\\]/.test(path)
+}
 function projectName(p: ProjectSummary): string {
   const path = p.projectPath
   if (path) {
     if (path === homedir()) return 'Home'
+    if (!isAbsoluteProjectPath(path)) return p.project || path
     const base = path.replace(/[/\\]+$/, '').split(/[/\\]/).filter(Boolean).pop()
     if (base) return base
   }
diff --git a/src/parser.ts b/src/parser.ts
index 2a936191..eca39f8d 100644
--- a/src/parser.ts
+++ b/src/parser.ts
@@ -44,6 +44,13 @@ function unsanitizePath(dirName: string): string {
   return dirName.replace(/-/g, '/')
 }
 
+function claudeSlugFallbackPath(dirName: string): string {
+  // Claude project directory names are lossy: a dash may be either a path
+  // separator from the original cwd or a literal dash in the leaf name.
+  // Without cwd metadata, keep the slug intact instead of inventing segments.
+  return dirName
+}
+
 function normalizeProjectPathKey(projectPath: string): string {
   const normalized = projectPath.trim().replace(/\\/g, '/')
   return (normalized.replace(/\/+$/, '') || normalized).toLowerCase()
@@ -76,12 +83,11 @@ async function resolveCanonicalProjectPath(cwd: string): Promise<{ path: string;
   const trimmed = cwd.trim()
   if (!trimmed) return { path: cwd, isWorktree: false }
 
-  // Walk up the directory tree to find the nearest .git entry. This handles
-  // three cases: (1) cwd IS the repo root (.git is a directory), (2) cwd is a
-  // git worktree (.git is a file pointing back to the main repo), (3) cwd is a
-  // subdirectory of a repo — we resolve up to the repo root so subdirectory
-  // sessions group with the rest of the project even when the subdir no longer
-  // exists on disk.
+  // Walk up the directory tree to find a real git worktree marker. Ordinary
+  // repos use a .git directory; linked worktrees use a .git file pointing back
+  // to <main>/.git/worktrees/<name>. Only the latter should canonicalize to
+  // the main repo. A parent directory with a stray .git directory must not
+  // absorb sibling projects.
   // Guard against foreign paths (e.g. a Windows path recorded on a machine
   // that now runs macOS): only walk paths that look like absolute paths on the
   // current platform. A relative or foreign-format path cannot be walked on
@@ -95,17 +101,19 @@ async function resolveCanonicalProjectPath(cwd: string): Promise<{ path: string;
   while (true) {
     const gitEntry = join(dir, '.git')
     const entryStat = await lstat(gitEntry).catch(() => null)
-    if (entryStat?.isDirectory()) return { path: dir, isWorktree: false }
+    if (entryStat?.isDirectory()) {
+      return { path: dir === trimmed ? dir : cwd, isWorktree: false }
+    }
     if (entryStat?.isFile()) {
       const gitFile = await readFile(gitEntry, 'utf-8').catch(() => null)
-      if (gitFile === null) return { path: dir, isWorktree: false }
+      if (gitFile === null) return { path: dir === trimmed ? dir : cwd, isWorktree: false }
       const match = gitFile.match(/^gitdir:\s*(.+?)\s*$/m)
-      if (!match?.[1]) return { path: dir, isWorktree: false }
+      if (!match?.[1]) return { path: dir === trimmed ? dir : cwd, isWorktree: false }
       const gitDir = resolve(dir, match[1])
       const normalizedGitDir = gitDir.replace(/\\/g, '/')
       const worktreeMarker = '/.git/worktrees/'
       const markerIndex = normalizedGitDir.lastIndexOf(worktreeMarker)
-      if (markerIndex === -1) return { path: dir, isWorktree: false }
+      if (markerIndex === -1) return { path: dir === trimmed ? dir : cwd, isWorktree: false }
       return { path: normalizedGitDir.slice(0, markerIndex), isWorktree: true }
     }
     const parent = dirname(dir)
@@ -1611,7 +1619,7 @@ async function scanProjectDirs(
     if (classifiedTurns.length === 0) continue
 
     const sessionId = basename(filePath, '.jsonl')
-    const projectPath = cachedFile.canonicalCwd ?? unsanitizePath(dirName)
+    const projectPath = cachedFile.canonicalCwd ?? claudeSlugFallbackPath(dirName)
     const projectName = cachedFile.canonicalProjectName ?? dirName
     const mcpInv = cachedFile.mcpInventory.length > 0 ? cachedFile.mcpInventory : undefined
     const session = buildSessionSummary(sessionId, projectName, classifiedTurns, mcpInv)
diff --git a/tests/overview.test.ts b/tests/overview.test.ts
index 20c1767c..5f2dd759 100644
--- a/tests/overview.test.ts
+++ b/tests/overview.test.ts
@@ -100,4 +100,19 @@ describe('renderOverview', () => {
     const out = renderOverview([], { label: 'June 2026', color: false })
     expect(out).toContain('No usage found for June 2026')
   })
+
+  it('does not split a slug-only Claude project path into fake path segments', () => {
+    const out = renderOverview([makeProject({
+      project: 'Projects-Content-OS',
+      projectPath: 'Projects/Content/OS',
+      cost: 3.25,
+      calls: 1,
+      model: 'claude-sonnet-4-5',
+      provider: 'claude',
+      tokens: { input: 1000, output: 200, cacheR: 0, cacheW: 0 },
+    })], { label: 'June 2026', color: false })
+
+    expect(out).toContain('Projects-Content-OS')
+    expect(out).not.toContain(' OS ')
+  })
 })
diff --git a/tests/parser-claude-cwd.test.ts b/tests/parser-claude-cwd.test.ts
index 57ab04b1..9a379dbc 100644
--- a/tests/parser-claude-cwd.test.ts
+++ b/tests/parser-claude-cwd.test.ts
@@ -155,7 +155,64 @@ describe('Claude cwd project paths', () => {
 
     expect(projects).toHaveLength(1)
     expect(projects[0]!.sessions).toHaveLength(4)
-    expect(projects[0]!.projectPath).toBe('fallback/slug')
+    expect(projects[0]!.projectPath).toBe('fallback-slug')
+  })
+
+  it('keeps a hyphenated slug intact when cwd is absent', async () => {
+    const slug = 'Projects-Content-OS'
+    const projectDir = join(tmpDir, 'projects', slug)
+    await mkdir(projectDir, { recursive: true })
+    const filePath = join(projectDir, 'no-cwd.jsonl')
+    await writeFile(filePath, JSON.stringify({
+      type: 'assistant',
+      sessionId: 'no-cwd',
+      timestamp: '2099-05-09T10:00:00.000Z',
+      message: {
+        id: 'msg-no-cwd',
+        type: 'message',
+        role: 'assistant',
+        model: 'claude-sonnet-4-5',
+        content: [],
+        usage: { input_tokens: 100, output_tokens: 50 },
+      },
+    }) + '\n')
+    await utimes(filePath, new Date('2099-05-09T10:00:00.000Z'), new Date('2099-05-09T10:00:00.000Z'))
+
+    const projects = await parseAllSessions(dayRange('2099-05-09'), 'claude')
+
+    expect(projects).toHaveLength(1)
+    expect(projects[0]!.project).toBe(slug)
+    expect(projects[0]!.projectPath).toBe(slug)
+    expect(projects[0]!.projectPath).not.toBe('Projects/Content/OS')
+  })
+
+  it('does not group sibling projects under a parent directory that merely contains .git', async () => {
+    const projectsRoot = join(tmpDir, 'Projects')
+    const swiftbar = join(projectsRoot, 'Swiftbar')
+    const contentOs = join(projectsRoot, 'Content-OS')
+    await mkdir(join(projectsRoot, '.git'), { recursive: true })
+    await mkdir(swiftbar, { recursive: true })
+    await mkdir(contentOs, { recursive: true })
+
+    await writeClaudeSession(
+      'tmp-Projects-Swiftbar',
+      'swiftbar-session',
+      swiftbar,
+      '2099-05-10T10:00:00.000Z',
+    )
+    await writeClaudeSession(
+      'tmp-Projects-Content-OS',
+      'content-os-session',
+      contentOs,
+      '2099-05-10T11:00:00.000Z',
+    )
+
+    const projects = await parseAllSessions(dayRange('2099-05-10'), 'claude')
+    const projectPaths = projects.map(project => project.projectPath).sort()
+
+    expect(projects).toHaveLength(2)
+    expect(projectPaths).toEqual([contentOs, swiftbar].sort())
+    expect(projectPaths).not.toContain(projectsRoot)
   })
 
   it('groups git worktrees under the main repository project', async () => {