diff --git a/drivers/net/bonding/bond_main.c b/drivers/net/bonding/bond_main.c
index f85372adf04265b2aa58251b97a967901e814dbe..6ba4c83fe5fc08f36edbd2681ec5cbe1de35cf84 100644
--- a/drivers/net/bonding/bond_main.c
+++ b/drivers/net/bonding/bond_main.c
@@ -3684,9 +3684,11 @@ static void bond_activebackup_arp_mon(struct bonding *bond)
 		if (!rtnl_trylock())
 			return;
 
-		if (should_notify_peers)
+		if (should_notify_peers) {
+			bond->send_peer_notif--;
 			call_netdevice_notifiers(NETDEV_NOTIFY_PEERS,
 						 bond->dev);
+		}
 		if (should_notify_rtnl) {
 			bond_slave_state_notify(bond);
 			bond_slave_link_notify(bond);