Transform Controls disappear when moving shape path

I can replicate.

While Not Dragging:

While Dragging:

In trying to replicate, it appears that this is the case for non-shape layers as well, but given the number of issues I've discovered related to shape layers this session alone, I assumed it was distinct.

Suffice to say: the Transform Handles dissapear for all layers while moving despite "Show Transform Controls" enabled.

Can you post screenshot with Layers panel expanded and visible to illustrate the issue?