RustPython · youknowone · Aug 9, 2026 · Jul 27, 2026 · Aug 3, 2026 · Aug 4, 2026
diff --git a/crates/vm/src/exceptions.rs b/crates/vm/src/exceptions.rs
@@ -1385,14 +1385,8 @@ impl OSErrorBuilder {
             vec![strerror.to_pyobject(vm)]
         };
 
-        let payload = PyOSError::py_new(&exc_type, args.clone().into(), vm)
-            .expect("new_os_error usage error");
-        let os_error = payload
-            .into_ref_with_type_lazy_dict(vm, exc_type)
-            .expect("new_os_error usage error");
-        PyOSError::slot_init(os_error.as_object().to_owned(), args.into(), vm)
-            .expect("new_os_error usage error");
-        os_error
+        vm.new_payload_exception::<PyOSError>(exc_type, args.into())
+            .expect("new_os_error usage error")
     }
 }
 
@@ -2144,7 +2138,10 @@ pub(super) mod types {
                         .downcast_ref::<PyInt>()
                         .and_then(|errno| errno.try_to_primitive::<i32>(vm).ok())
                         .and_then(|errno| super::errno_to_exc_type(errno, vm))
-                        .and_then(|typ| vm.invoke_exception(typ, args_vec).ok())
+                        .and_then(|typ| {
+                            vm.new_payload_exception::<Self>(typ.to_owned(), args_vec.into())
+                                .ok()
+                        })
                     {
                         return error.to_pyresult(vm);
                     }

diff --git a/crates/vm/src/stdlib/_io.rs b/crates/vm/src/stdlib/_io.rs
@@ -20,7 +20,8 @@ cfg_select! {
 }
 
 use crate::{
-    AsObject, PyObject, PyObjectRef, PyResult, TryFromObject, VirtualMachine, builtins::PyModule,
+    AsObject, PyObject, PyObjectRef, PyResult, TryFromObject, VirtualMachine,
+    builtins::{PyModule, PyOSError},
 };
 pub use _io::{OpenArgs, io_open as open};
 use rustpython_host_env::io as host_io;
@@ -943,14 +944,17 @@ mod _io {
                     Some(n) => n,
                     None => {
                         // BlockingIOError(errno, msg, characters_written=0)
-                        return Err(vm.invoke_exception(
-                            vm.ctx.exceptions.blocking_io_error,
-                            vec![
-                                vm.new_pyobj(EAGAIN),
-                                vm.new_pyobj("write could not complete without blocking"),
-                                vm.new_pyobj(0),
-                            ],
-                        )?);
+                        return Err(vm
+                            .new_payload_exception::<PyOSError>(
+                                vm.ctx.exceptions.blocking_io_error.to_owned(),
+                                vec![
+                                    vm.new_pyobj(EAGAIN),
+                                    vm.new_pyobj("write could not complete without blocking"),
+                                    vm.new_pyobj(0),
+                                ]
+                                .into(),
+                            )?
+                            .upcast());
                     }
                 };
                 self.write_pos += n as Offset;
@@ -1154,14 +1158,17 @@ mod _io {
                     self.buffer[self.write_end as usize..][..avail].copy_from_slice(&buf[..avail]);
                     self.write_end += avail as Offset;
                     self.pos += avail as Offset;
-                    return Err(vm.invoke_exception(
-                        vm.ctx.exceptions.blocking_io_error,
-                        vec![
-                            vm.new_pyobj(EAGAIN),
-                            vm.new_pyobj("write could not complete without blocking"),
-                            vm.new_pyobj(avail),
-                        ],
-                    )?);
+                    return Err(vm
+                        .new_payload_exception::<PyOSError>(
+                            vm.ctx.exceptions.blocking_io_error.to_owned(),
+                            vec![
+                                vm.new_pyobj(EAGAIN),
+                                vm.new_pyobj("write could not complete without blocking"),
+                                vm.new_pyobj(avail),
+                            ]
+                            .into(),
+                        )?
+                        .upcast());
                 }
                 Err(e) => return Err(e),
             }
@@ -1200,14 +1207,17 @@ mod _io {
                         self.write_end = buffer_size;
                         // BlockingIOError(errno, msg, characters_written)
                         let chars_written = written + buffer_len;
-                        return Err(vm.invoke_exception(
-                            vm.ctx.exceptions.blocking_io_error,
-                            vec![
-                                vm.new_pyobj(EAGAIN),
-                                vm.new_pyobj("write could not complete without blocking"),
-                                vm.new_pyobj(chars_written),
-                            ],
-                        )?);
+                        return Err(vm
+                            .new_payload_exception::<PyOSError>(
+                                vm.ctx.exceptions.blocking_io_error.to_owned(),
+                                vec![
+                                    vm.new_pyobj(EAGAIN),
+                                    vm.new_pyobj("write could not complete without blocking"),
+                                    vm.new_pyobj(chars_written),
+                                ]
+                                .into(),
+                            )?
+                            .upcast());
                     }
                     None => break,
                 }

diff --git a/crates/vm/src/stdlib/_thread.rs b/crates/vm/src/stdlib/_thread.rs
@@ -635,7 +635,7 @@ pub(crate) mod _thread {
 
     #[pyfunction]
     fn exit(vm: &VirtualMachine) -> PyResult {
-        Err(vm.invoke_exception(vm.ctx.exceptions.system_exit, vec![])?)
+        Err(vm.new_system_exit(vec![].into()))
     }
 
     thread_local!(static SENTINELS: RefCell<Vec<PyRef<Lock>>> = const { RefCell::new(Vec::new()) });

diff --git a/crates/vm/src/stdlib/builtins.rs b/crates/vm/src/stdlib/builtins.rs
@@ -1041,7 +1041,7 @@ mod builtins {
     #[pyfunction]
     pub(super) fn exit(exit_code_arg: OptionalArg<PyObjectRef>, vm: &VirtualMachine) -> PyResult {
         let code = exit_code_arg.unwrap_or_else(|| vm.ctx.new_int(0).into());
-        Err(vm.invoke_exception(vm.ctx.exceptions.system_exit, vec![code])?)
+        Err(vm.new_system_exit(vec![code].into()))
     }
 
     #[derive(Debug, Default, FromArgs)]

diff --git a/crates/vm/src/stdlib/sys.rs b/crates/vm/src/stdlib/sys.rs
@@ -776,8 +776,7 @@ pub mod sys {
         } else {
             vec![status]
         };
-        let exc = vm.invoke_exception(vm.ctx.exceptions.system_exit, args)?;
-        Err(exc)
+        Err(vm.new_system_exit(args.into()))
     }
 
     #[pyfunction]

diff --git a/crates/vm/src/vm/mod.rs b/crates/vm/src/vm/mod.rs
@@ -2167,7 +2167,7 @@ impl VirtualMachine {
         if self.state.finalizing.load(Ordering::Acquire) && !self.is_main_thread() {
             // once finalization starts,
             // non-main Python threads should stop running bytecode.
-            return Err(self.invoke_exception(self.ctx.exceptions.system_exit, vec![])?);
+            return Err(self.new_system_exit(vec![].into()));
         }
 
         // Suspend this thread if stop-the-world is in progress

diff --git a/crates/vm/src/vm/vm_new.rs b/crates/vm/src/vm/vm_new.rs
@@ -12,17 +12,18 @@ use rustpython_compiler::{CompileError, ParseError};
 use crate::{
     AsObject, Py, PyObject, PyObjectRef, PyPayload, PyRef, PyResult,
     builtins::{
-        PyBaseException, PyBaseExceptionRef, PyBytesRef, PyDictRef, PyModule, PyOSError, PyStrRef,
-        PyType, PyTypeRef,
+        PyBaseException, PyBaseExceptionRef, PyBytesRef, PyDictRef, PyModule, PyOSError,
+        PyStopIteration, PyStrRef, PySystemExit, PyType, PyTypeRef,
         builtin_func::PyNativeFunction,
         descriptor::PyMethodDescriptor,
         tuple::{IntoPyTuple, PyTupleRef},
     },
     convert::{ToPyException, ToPyObject},
     exceptions::OSErrorBuilder,
-    function::{IntoPyNativeFn, PyMethodFlags},
+    function::{FuncArgs, IntoPyNativeFn, PyMethodFlags},
     scope::Scope,
     set_attrs,
+    types::{Constructor, Initializer},
     vm::VirtualMachine,
 };
 
@@ -353,6 +354,26 @@ impl VirtualMachine {
             .expect("vm.new_exception() called with an invalid exception type")
     }
 
+    /// Construct a built-in exception type that carries a payload, directly
+    /// (`py_new` + `slot_init`), without routing through `PyType::call`.
+    /// Only valid for a built-in `T` whose exact type is known at compile time.
+    pub fn new_payload_exception<T>(&self, cls: PyTypeRef, args: FuncArgs) -> PyResult<PyRef<T>>
+    where
+        T: Constructor<Args = FuncArgs> + Initializer,
+    {
+        debug_assert_eq!(
+            cls.slots.basicsize,
+            size_of::<T>(),
+            "vm.new_payload_exception::<{}>() called with mismatched type '{}'",
+            core::any::type_name::<T>(),
+            cls.name()
+        );
+        let payload = T::py_new(&cls, args.clone(), self)?;
+        let exc = payload.into_ref_with_type_lazy_dict(self, cls)?;
+        T::slot_init(exc.as_object().to_owned(), args, self)?;
+        Ok(exc)
+    }
+
     pub fn new_os_error(&self, msg: impl ToPyObject) -> PyRef<PyBaseException> {
         self.new_os_subtype_error(self.ctx.exceptions.os_error.to_owned(), None, msg)
             .upcast()
@@ -893,16 +914,20 @@ impl VirtualMachine {
         exc
     }
 
-    pub fn new_stop_iteration(&self, value: Option<PyObjectRef>) -> PyBaseExceptionRef {
-        let stop_iteration_error = self.ctx.exceptions.stop_iteration;
-        let args = if let Some(value) = value {
-            vec![value]
-        } else {
-            Vec::new()
-        };
-        let exc = self.invoke_exception(stop_iteration_error, args);
+    pub fn new_system_exit(&self, args: FuncArgs) -> PyBaseExceptionRef {
+        self.new_payload_exception::<PySystemExit>(self.ctx.exceptions.system_exit.to_owned(), args)
+            .expect("SystemExit construction from internal args is infallible")
+            .upcast()
+    }
 
-        exc.expect("StopIteration is a BaseException Subclass.")
+    pub fn new_stop_iteration(&self, value: Option<PyObjectRef>) -> PyBaseExceptionRef {
+        let args: FuncArgs = value.map(|v| vec![v]).unwrap_or_default().into();
+        self.new_payload_exception::<PyStopIteration>(
+            self.ctx.exceptions.stop_iteration.to_owned(),
+            args,
+        )
+        .expect("StopIteration construction from internal args is infallible")
+        .upcast()
     }
 
     fn new_downcast_error(