Premiere Pro with Blackmagic Design UltraStudio 3G Monitor - Frozen video output

Note to Premiere users - v25.1.0 on Mac mini M1, macOS 15.1.1

For some reason with Premiere I cannot use Primary Audio Device: Adobe Desktop Audio, and Transmit Device Playback to both Blackmagic and NDI. The output video on the Blackmagic USM3G is frozen. It will update if I jump around in the timeline, but it will not playback in realtime instead displaying a frozen frame.

I have to either use Primary Audio Device: Blackmagic, which is not convenient for me, or stay on Adobe Desktop Audio and uncheck NDI output from the Premiere/Preferences/Playback video stream and then it plays just fine.

Just in case someone uses NDI and encounters frozen playback.

This does not work, frozen video output - Both BMD and NDI checked, Primary Audio Device: Adobe Desktop Audio

This works fine - Only BMD checked, PAD: ADA

This works as well, but I have no use for it - Both BMD and NDI checked, PAD: Blackmagic