diff --git a/crates/ruff_linter/resources/test/fixtures/flake8_pie/PIE790.py b/crates/ruff_linter/resources/test/fixtures/flake8_pie/PIE790.py
index 267d8a3c3dd21..f1b3d25301806 100644
--- a/crates/ruff_linter/resources/test/fixtures/flake8_pie/PIE790.py
+++ b/crates/ruff_linter/resources/test/fixtures/flake8_pie/PIE790.py
@@ -227,3 +227,11 @@ def func(self) -> str:
     def impl(self) -> str:
         """Docstring"""
         return self.func()
+
+
+import typing
+
+if typing.TYPE_CHECKING:
+    def contains_meaningful_ellipsis() -> list[int]:
+        """Allow this in a TYPE_CHECKING block."""
+        ...
diff --git a/crates/ruff_linter/src/rules/flake8_pie/rules/unnecessary_placeholder.rs b/crates/ruff_linter/src/rules/flake8_pie/rules/unnecessary_placeholder.rs
index 576cb21e35d35..09a58552d6357 100644
--- a/crates/ruff_linter/src/rules/flake8_pie/rules/unnecessary_placeholder.rs
+++ b/crates/ruff_linter/src/rules/flake8_pie/rules/unnecessary_placeholder.rs
@@ -87,6 +87,12 @@ pub(crate) fn unnecessary_placeholder(checker: &mut Checker, body: &[Stmt]) {
         let kind = match stmt {
             Stmt::Pass(_) => Placeholder::Pass,
             Stmt::Expr(expr) if expr.value.is_ellipsis_literal_expr() => {
+                // In a type-checking block, a trailing ellipsis might be meaningful. A
+                // user might be using the type-checking context to declare a stub.
+                if checker.semantic().in_type_checking_block() {
+                    return;
+                }
+
                 // Ellipses are significant in protocol methods and abstract methods. Specifically,
                 // Pyright uses the presence of an ellipsis to indicate that a method is a stub,
                 // rather than a default implementation.