Photoshop 25.6.0 Image Processor and wacom Intous Pro S tablet scrollwheel MacOS Sonoma 14.2.1

Hey, @Stjepan B. I'll need more info to help you figure this out. Please include a video of this behavior.

Do other folder selection panels behave similarly, such as File > Save As or Save a Copy?

Update the macOS & the drivers for Wacom to the latest versions available & check if the issue exists.

If it does, try these steps for Photoshop: 

Go to the location of the preference folder mentioned below and rename it to back up. (https://adobe.ly/3u7u84j)
macOS: Hold down the Option key in the Finder when using the Go menu. The library will appear below the current user's home directory.

Library > Preferences > Adobe Photoshop [version] Settings

Rename the Adobe Photoshop folder by adding a .old at the end. (Adobe Photoshop 2024 > Rename > Adobe Photoshop 2024.old)

This will give a fresh start to Photoshop as a new installation.

Let me know if it helps. Thanks!
Sameer K