Lumetri Color adding Compression Artifacts/Pixelation with LUT
I've seen a couple of other posts regarding similar issues to this but they seem to be a bit different than the issue I'm having.
I have a LUT that I use for all my video and I've been applying it with Lumetri Color. I've noticed this pixelation in some of the colors in the background of this project I'm working on. It almost looks like it's being compressed or something. See image below of what I'm talking about. You can mostly see it in the blue of the background.

It's worth noting that not only do I see the pixelation in the video preview of Premiere, but it's still there when I export the video. The footage I'm working with is shot on my Blackmagic Pocket 6k Pro in Apple Prores 422 LT (1080p). I've done tests with 422 HQ and at different resolutions and the problem still persists.
Interestingly enough, I tried to throw the exact same LUT on using Davinci Resolve Studio and these artifacts do not show up on that footage. See below my image export from Davinci where the footage looks FAR cleaner:

I feel like I can safely say it's a Lumetri Color issue because it happens in both Premiere and After Effects. Not sure if it's a bug or it's just the way Lumetri processes footage but I can't figure out why this is happening. I've tried changing different settings in Premiere (sequence settings, project settings, preferences, etc) to see if anything will change it, but nothing makes a difference.
I'm editing on a new M1 Macbook Pro with 64 GB of RAM. Not sure if that really matters here or not. I have not yet tried to color grade the footage in Premiere on my Windows computer yet, but I'm not super confident that will make a difference. Although I can give it a try when I get a chance and post an update if it's helpful.
Anyone have any advice for me other than "switch to Davinci"? My current workaround will probably be to edit my project in Premiere and then color it in Davinci but that's not the most ideal fix. So any ideas?
