# https://hg.python.org/cpython/file/tip/Lib/fnmatch.py
fnmatch reviewing the code I've noticed that the outcome of the regular expression all returns generated in the first result

l97:
            res = res + '.*'
to:
            res = res + '.*?'

l100:
    return res + '\Z(?ms)'
to:
    return res + '$(?ms)'


example test:

import re
import fnmatch

urls = ['example/l1/l2/test3-1.py',
        'example/l1/test2-1.py',
        'example/l1/test2-2.py',
        'example/l1/l2/l3/test4-1.py']

regex = fnmatch.translate('example/*')
# 'example\\/.*\\Z(?ms)'
re.findall(regex, "\n".join(urls))
# return ['example/l1/l2/test3-1.py\nexample/l1/test2-1.py\nexample/l1/test2-2.py\nexample/l1/l2/l3/test4-1.py']

# suggested change 
re.findall('example\\/.*?$(?ms)', "\n".join(urls))
# return ['example/l1/l2/test3-1.py',
#         'example/l1/test2-1.py',
#         'example/l1/test2-2.py',
#         'example/l1/l2/l3/test4-1.py']

That would be a backward incompatible behavior change.  The patterns are designed to be used on single filenames, not on newline separated filenames.