Red Series "load only" stopped working

Hi,

I’ve had a red series dimmer installed for several years that was working fine until yesterday. The switch is setup in “Load only” mode and is connected to several dumb LED bulbs. The bulbs no longer turn on or off when manually using the switch or controlling in Hubitat. The LED bar on the switch indicates it is being powerd on/off and Hubitat reflects the state change whether physically or digitally toggling the switch. If I change the switch type to “3-way Toggle” it works as expected (the switch is not wired as a 3 way).

Any suggestions on what might be the cause? Nothing in my home setup has changed recently. Hubitat is up to date and the failure did not coincide with a platform update.