"Local Items" Keychain Password Entry Request
In case others have experienced the same issue: What on Earth is the purpose of the following dialog?

In my keychain directory (Mac OS Monerey 12.5.1) there is no such thing as a "Local Items" keychain, so what (other) password could this message possibly be referring to? I've never seen it before, in well over five years of using my current Adobe CC account.
The message pops up persistently when running Xd or Photoshop (and presumably other Adobe CC apps). It does not actually do anything besides annoy. It takes two successive 'Cancel' clicks—and sometimes more, nor rhyme nor reason—to make it go away for a short while, only to reappear and be in the way.
Background: Recent periodic system access (incl corporate VPN) password reset. Mac restart does nothing.
