diff --git a/spring-modulith-observability/pom.xml b/spring-modulith-observability/pom.xml
index 4fdc127e..2b45747a 100644
--- a/spring-modulith-observability/pom.xml
+++ b/spring-modulith-observability/pom.xml
@@ -60,6 +60,13 @@
 			<scope>test</scope>
 		</dependency>
 
+		<dependency>
+			<groupId>org.springframework.modulith</groupId>
+			<artifactId>spring-modulith-events-api</artifactId>
+			<version>${project.version}</version>
+			<scope>test</scope>
+		</dependency>
+
 		<dependency>
 			<groupId>io.micrometer</groupId>
 			<artifactId>micrometer-observation</artifactId>
diff --git a/spring-modulith-observability/src/main/java/org/springframework/modulith/observability/ObservedModuleType.java b/spring-modulith-observability/src/main/java/org/springframework/modulith/observability/ObservedModuleType.java
index aa98bb03..357a1cc2 100644
--- a/spring-modulith-observability/src/main/java/org/springframework/modulith/observability/ObservedModuleType.java
+++ b/spring-modulith-observability/src/main/java/org/springframework/modulith/observability/ObservedModuleType.java
@@ -16,6 +16,7 @@
 package org.springframework.modulith.observability;
 
 import java.lang.reflect.Method;
+import java.lang.reflect.Modifier;
 import java.util.Collection;
 import java.util.List;
 import java.util.function.Predicate;
@@ -38,10 +39,13 @@ import org.springframework.util.ReflectionUtils;
 class ObservedModuleType {
 
 	private static Collection<Class<?>> IGNORED_TYPES = List.of(Advised.class, TargetClassAware.class);
+	private static Predicate<Method> IS_USER_METHOD = it -> !Modifier.isPrivate(it.getModifiers())
+			&& !(ReflectionUtils.isObjectMethod(it) || IGNORED_TYPES.contains(it.getDeclaringClass()));
 
 	private final ApplicationModules modules;
 	private final ObservedModule module;
 	private final ArchitecturallyEvidentType type;
+	private final Predicate<Method> methodsToInterceptFilter;
 
 	/**
 	 * Creates a new {@link ObservedModuleType} for the given {@link ApplicationModules}, {@link ObservedModule} and
@@ -60,6 +64,12 @@ class ObservedModuleType {
 		this.modules = modules;
 		this.module = module;
 		this.type = type;
+
+		Predicate<Method> isReferenceMethod = candidate -> type.isEventListener() && type.getReferenceMethods() //
+				.map(ReferenceMethod::getMethod) //
+				.anyMatch(it -> it.reflect().equals(candidate));
+
+		this.methodsToInterceptFilter = IS_USER_METHOD.or(isReferenceMethod);
 	}
 
 	/**
@@ -80,20 +90,14 @@ class ObservedModuleType {
 	}
 
 	/**
-	 * Returns a predicate to filter the methods to intercept. For event listeners it's the listener methods only. For
-	 * everything else, all (public) methods will be intercepted.
+	 * Returns a predicate to filter the methods to intercept. All user declared methods are intercepted, except from
+	 * well-known interfaces ({@code Advised}, {@code TargetClassAware}). For event listeners, package-protected methods
+	 * are supported as well.
 	 *
-	 * @return
+	 * @return will never be {@literal null}.
 	 */
 	public Predicate<Method> getMethodsToIntercept() {
-
-		if (!type.isEventListener()) {
-			return it -> !(ReflectionUtils.isObjectMethod(it) || IGNORED_TYPES.contains(it.getDeclaringClass()));
-		}
-
-		return candidate -> type.getReferenceMethods() //
-				.map(ReferenceMethod::getMethod) //
-				.anyMatch(it -> it.reflect().equals(candidate));
+		return methodsToInterceptFilter;
 	}
 
 	private boolean listensToOtherModulesEvents() {
diff --git a/spring-modulith-observability/src/test/java/example/sample/ObservedComponent.java b/spring-modulith-observability/src/test/java/example/sample/ObservedComponent.java
new file mode 100644
index 00000000..d5ce1dcb
--- /dev/null
+++ b/spring-modulith-observability/src/test/java/example/sample/ObservedComponent.java
@@ -0,0 +1,38 @@
+/*
+ * Copyright 2023-2024 the original author or authors.
+ *
+ * Licensed under the Apache License, Version 2.0 (the "License");
+ * you may not use this file except in compliance with the License.
+ * You may obtain a copy of the License at
+ *
+ *      https://www.apache.org/licenses/LICENSE-2.0
+ *
+ * Unless required by applicable law or agreed to in writing, software
+ * distributed under the License is distributed on an "AS IS" BASIS,
+ * WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
+ * See the License for the specific language governing permissions and
+ * limitations under the License.
+ */
+package example.sample;
+
+import org.springframework.aop.TargetClassAware;
+import org.springframework.aop.framework.Advised;
+import org.springframework.modulith.events.ApplicationModuleListener;
+import org.springframework.scheduling.annotation.Async;
+import org.springframework.stereotype.Component;
+
+/**
+ * @author Oliver Drotbohm
+ */
+@Component
+public abstract class ObservedComponent implements Advised, TargetClassAware {
+
+	@Async
+	public void someMethod() {}
+
+	@SuppressWarnings("unused")
+	private void someInternalMethod() {}
+
+	@ApplicationModuleListener
+	void on(Object event) {}
+}
diff --git a/spring-modulith-observability/src/test/java/org/springframework/modulith/observability/ObservedModuleTypeUnitTests.java b/spring-modulith-observability/src/test/java/org/springframework/modulith/observability/ObservedModuleTypeUnitTests.java
index 31542e01..b20e5893 100644
--- a/spring-modulith-observability/src/test/java/org/springframework/modulith/observability/ObservedModuleTypeUnitTests.java
+++ b/spring-modulith-observability/src/test/java/org/springframework/modulith/observability/ObservedModuleTypeUnitTests.java
@@ -17,7 +17,7 @@ package org.springframework.modulith.observability;
 
 import static org.assertj.core.api.Assertions.*;
 
-import example.sample.SampleComponent;
+import example.sample.ObservedComponent;
 import example.sample.SampleConfiguration;
 
 import org.junit.jupiter.api.Test;
@@ -38,17 +38,19 @@ class ObservedModuleTypeUnitTests {
 	static final ApplicationModules modules = TestApplicationModules.of("example");
 
 	ApplicationModule module = modules.getModuleByName("sample").orElseThrow();
-	ArchitecturallyEvidentType type = module.getArchitecturallyEvidentType(SampleComponent.class);
+	ArchitecturallyEvidentType type = module.getArchitecturallyEvidentType(ObservedComponent.class);
 
 	ObservedModuleType observedType = new ObservedModuleType(modules, new DefaultObservedModule(module), type);
 
-	@Test // GH-106
+	@Test // GH-106, GH-744
 	void onlyExposesUserMethodsAsToBeIntercepted() {
 
 		assertThat(observedType.getMethodsToIntercept()).satisfies(it -> {
 
-			assertThat(it.test(ReflectionUtils.findMethod(SampleComponent.class, "someMethod"))).isTrue();
+			assertThat(it.test(ReflectionUtils.findMethod(ObservedComponent.class, "someMethod"))).isTrue();
+			assertThat(it.test(ReflectionUtils.findMethod(ObservedComponent.class, "on", Object.class))).isTrue();
 
+			assertThat(it.test(ReflectionUtils.findMethod(ObservedComponent.class, "someInternalMethod"))).isFalse();
 			assertThat(it.test(ReflectionUtils.findMethod(Object.class, "toString"))).isFalse();
 			assertThat(it.test(ReflectionUtils.findMethod(Advised.class, "getTargetClass"))).isFalse();
 		});