Is this a thing? I updated a link and it shows in the links panel but not in the layers panel?

Hey all you smart people.

Today, I worked on a linked Ps image that has many layers. In this case, I’ve done a few different compositions, all in one Ps doc, and exported each composition as a PNG. But first, I relinked to the working PSD to work out the composition, then exported to PNG, and then relinked the Ai file to the PNG.

In the links panel, the linked file is showing the correct name. In the layers panel, it’s still showing the Ps file name. See screen shots, one from the links panel (with the PNG file) and the other from the layers panel (with the PSD). Should the file name also change in the layers panel? Or is this the way it’s always been and I’m just noticing? Have they changed it with the latest update? (more like broken it IMHO.) Or is it a bug?

Please advise, thanks.