diff --git a/packages/react-debug-tools/src/ReactDebugHooks.js b/packages/react-debug-tools/src/ReactDebugHooks.js
index 962d7d8bba2b5..a3ca82c2571bf 100644
--- a/packages/react-debug-tools/src/ReactDebugHooks.js
+++ b/packages/react-debug-tools/src/ReactDebugHooks.js
@@ -20,6 +20,7 @@ import type {
   Fiber,
   Dispatcher as DispatcherType,
 } from 'react-reconciler/src/ReactInternalTypes';
+import type {TransitionStatus} from 'react-reconciler/src/ReactFiberConfig';
 
 import ErrorStackParser from 'error-stack-parser';
 import assign from 'shared/assign';
@@ -29,6 +30,7 @@ import {
   SimpleMemoComponent,
   ContextProvider,
   ForwardRef,
+  HostComponent,
 } from 'react-reconciler/src/ReactWorkTags';
 import {
   REACT_MEMO_CACHE_SENTINEL,
@@ -117,6 +119,11 @@ function getPrimitiveStackCache(): Map<string, Array<any>> {
           );
         } catch (x) {}
       }
+
+      if (typeof Dispatcher.useHostTransitionStatus === 'function') {
+        // This type check is for Flow only.
+        Dispatcher.useHostTransitionStatus();
+      }
     } finally {
       readHookLog = hookLog;
       hookLog = [];
@@ -509,6 +516,40 @@ function useFormState<S, P>(
   return [state, (payload: P) => {}];
 }
 
+function useHostTransitionStatus(): TransitionStatus {
+  // The type is host specific. This is just a placeholder.
+  let status: mixed = null;
+
+  if (currentFiber !== null) {
+    const dependencies = currentFiber.dependencies;
+    if (dependencies !== null) {
+      let contextDependency = dependencies.firstContext;
+      while (contextDependency !== null) {
+        if (
+          // $FlowFixMe -- TODO
+          contextDependency.context.$$contextType ===
+          Symbol.for('react.HostTransitionContext')
+        ) {
+          // TODO: This as well as contextDependency.context.currentValue is null because setupContext does not set the value yet
+          status = contextDependency.memoizedValue;
+        }
+        contextDependency = contextDependency.next;
+      }
+    }
+  }
+
+  // TODO: Handle host transition context not found.
+
+  hookLog.push({
+    primitive: 'HostTransitionStatus',
+    stackError: new Error(),
+    value: status,
+    debugInfo: null,
+  });
+
+  return ((status: any): TransitionStatus);
+}
+
 const Dispatcher: DispatcherType = {
   use,
   readContext,
@@ -531,6 +572,7 @@ const Dispatcher: DispatcherType = {
   useDeferredValue,
   useId,
   useFormState,
+  useHostTransitionStatus,
 };
 
 // create a proxy to throw a custom error
@@ -787,7 +829,8 @@ function buildTree(
       primitive === 'Context (use)' ||
       primitive === 'DebugValue' ||
       primitive === 'Promise' ||
-      primitive === 'Unresolved'
+      primitive === 'Unresolved' ||
+      primitive === 'HostTransitionStatus'
         ? null
         : nativeHookID++;
 
@@ -939,6 +982,8 @@ function setupContexts(contextMap: Map<ReactContext<any>, any>, fiber: Fiber) {
         // Set the inner most provider value on the context.
         context._currentValue = current.memoizedProps.value;
       }
+    } else if (current.tag === HostComponent) {
+      // TODO: Set the HostTransitionContext value here?
     }
     current = current.return;
   }
diff --git a/packages/react-debug-tools/src/__tests__/ReactHooksInspectionIntegration-test.js b/packages/react-debug-tools/src/__tests__/ReactHooksInspectionIntegration-test.js
index b6224f2dfa76e..02d0901fa9f2c 100644
--- a/packages/react-debug-tools/src/__tests__/ReactHooksInspectionIntegration-test.js
+++ b/packages/react-debug-tools/src/__tests__/ReactHooksInspectionIntegration-test.js
@@ -1332,4 +1332,54 @@ describe('ReactHooksInspectionIntegration', () => {
       },
     ]);
   });
+
+  // @gate enableFormActions && enableAsyncActions
+  it('should support useFormStatus hook', () => {
+    function Foo() {
+      const status = ReactDOM.useFormStatus();
+      React.useMemo(() => 'memo', []);
+      React.useMemo(() => 'not used', []);
+
+      return JSON.stringify(status);
+    }
+
+    const renderer = ReactTestRenderer.create(<Foo />);
+    const childFiber = renderer.root.findByType(Foo)._currentFiber();
+    const tree = ReactDebugTools.inspectHooksOfFiber(childFiber);
+    expect(tree).toEqual([
+      {
+        debugInfo: null,
+        id: null,
+        isStateEditable: false,
+        name: '.useFormStatus',
+        subHooks: [
+          {
+            debugInfo: null,
+            id: null,
+            isStateEditable: false,
+            name: 'HostTransitionStatus',
+            subHooks: [],
+            value: null,
+          },
+        ],
+        value: null,
+      },
+      {
+        debugInfo: null,
+        id: 0,
+        isStateEditable: false,
+        name: 'Memo',
+        subHooks: [],
+        value: 'memo',
+      },
+      {
+        debugInfo: null,
+        id: 1,
+        isStateEditable: false,
+        name: 'Memo',
+        subHooks: [],
+        value: 'not used',
+      },
+    ]);
+  });
 });
diff --git a/packages/react-devtools-shell/src/app/InspectableElements/CustomHooks.js b/packages/react-devtools-shell/src/app/InspectableElements/CustomHooks.js
index aa3a9a6295731..2f07b72001602 100644
--- a/packages/react-devtools-shell/src/app/InspectableElements/CustomHooks.js
+++ b/packages/react-devtools-shell/src/app/InspectableElements/CustomHooks.js
@@ -21,7 +21,7 @@ import {
   useState,
   use,
 } from 'react';
-import {useFormState} from 'react-dom';
+import {useFormState, useFormStatus} from 'react-dom';
 
 const object = {
   string: 'abc',
@@ -120,18 +120,69 @@ function wrapWithHoc(Component: (props: any, ref: React$Ref<any>) => any) {
 }
 const HocWithHooks = wrapWithHoc(FunctionWithHooks);
 
+function incrementWithDelay(previousState: number, formData: FormData) {
+  const incrementDelay = +formData.get('incrementDelay');
+  const shouldReject = formData.get('shouldReject');
+  const reason = formData.get('reason');
+
+  return new Promise((resolve, reject) => {
+    setTimeout(() => {
+      if (shouldReject) {
+        reject(reason);
+      } else {
+        resolve(previousState + 1);
+      }
+    }, incrementDelay);
+  });
+}
+
+function FormStatus() {
+  const status = useFormStatus();
+
+  return JSON.stringify(status);
+}
+
 function Forms() {
-  const [state, formAction] = useFormState((n: number, formData: FormData) => {
-    return n + 1;
-  }, 0);
+  const [state, formAction] = useFormState<any, any>(incrementWithDelay, 0);
   return (
     <form>
-      {state}
+      State: {state}&nbsp;
+      <label>
+        delay:
+        <input
+          name="incrementDelay"
+          defaultValue={5000}
+          type="text"
+          inputMode="numeric"
+        />
+      </label>
+      <label>
+        Reject:
+        <input name="reason" type="text" />
+        <input name="shouldReject" type="checkbox" />
+      </label>
       <button formAction={formAction}>Increment</button>
+      <FormStatus />
     </form>
   );
 }
 
+class ErrorBoundary extends React.Component<{children?: React$Node}> {
+  state: {error: any} = {error: null};
+  static getDerivedStateFromError(error: mixed): {error: any} {
+    return {error};
+  }
+  componentDidCatch(error: any, info: any) {
+    console.error(error, info);
+  }
+  render(): any {
+    if (this.state.error) {
+      return <div>Error: {String(this.state.error)}</div>;
+    }
+    return this.props.children;
+  }
+}
+
 export default function CustomHooks(): React.Node {
   return (
     <Fragment>
@@ -139,7 +190,9 @@ export default function CustomHooks(): React.Node {
       <MemoWithHooks />
       <ForwardRefWithHooks />
       <HocWithHooks />
-      <Forms />
+      <ErrorBoundary>
+        <Forms />
+      </ErrorBoundary>
     </Fragment>
   );
 }
diff --git a/packages/react-dom-bindings/src/shared/ReactDOMFormActions.js b/packages/react-dom-bindings/src/shared/ReactDOMFormActions.js
index b2ac098bcee70..6d7e740b1ef19 100644
--- a/packages/react-dom-bindings/src/shared/ReactDOMFormActions.js
+++ b/packages/react-dom-bindings/src/shared/ReactDOMFormActions.js
@@ -72,7 +72,11 @@ export function useFormStatus(): FormStatus {
   } else {
     const dispatcher = resolveDispatcher();
     // $FlowFixMe[not-a-function] We know this exists because of the feature check above.
-    return dispatcher.useHostTransitionStatus();
+    const status = dispatcher.useHostTransitionStatus();
+
+    dispatcher.useDebugValue(status);
+
+    return status;
   }
 }
 
diff --git a/packages/react-reconciler/src/ReactFiberHostContext.js b/packages/react-reconciler/src/ReactFiberHostContext.js
index 3ba99edb239ad..6e4a737f79785 100644
--- a/packages/react-reconciler/src/ReactFiberHostContext.js
+++ b/packages/react-reconciler/src/ReactFiberHostContext.js
@@ -53,6 +53,9 @@ export const HostTransitionContext: ReactContext<TransitionStatus | null> = {
   Consumer: (null: any),
 };
 
+// $FlowFixMe -- TODO
+HostTransitionContext.$$contextType = Symbol.for('react.HostTransitionContext');
+
 function requiredContext<Value>(c: Value | null): Value {
   if (__DEV__) {
     if (c === null) {