Audio preview sounds good, then distorted when used in timeline?

I used a preview audio file from Adobe Stock in a project. Happy with the result I purchased the resulting audio file. I deleted all traces of the preview file from the bin and project. When I play the licensed version in the audio panel it sounds fine, but when I drag it into the timeline it sounds like the lower quality preview version.

Is that a thing? I'm not getting why this is happening or how to fix it.

On Premiere version 23.4 in Windows 10.0.19044