iPhone Prores files heavily distorted in playback in Adobe Premiere Elements 2023
In Adobe Premiere Elements 2023, when I use "Add Media" to add any iPhone Prores video with a H.264 format, it shows up with diagonal lines distorting it. Also, if I export that same file from Elements, it continues to have the same heavy distortion after export. This same file plays fine in Windows Media player. I'm on Windows 11 fully updated and I've updated my NVIDIA drivers to the latest version. Also this same file works fine in Shotcut video editing program, which ironically is free. Attaching photo of what it looks like in playback. 
From reading help, this file format should be supported. Any ideas?
