I'm still on Sequoia and haven't noticed these issues on my M4 Pro.
Out of interest - whats the output of `system_profiler SPDisplaysDataType`?
You can see the result here:
https://gist.github.com/PierBover/99f44e5cba1657eb7e4ce8e2aa...
I'm on macOS 15.7.4.
It's so weird that it says 5120 x 2880 when the ASUS PA329CV is 3840 x 2160.
That's a 404, but if it only says 5120x2880 then you're not running full 4K HiDPI which would show 7680x as per the blog post.