"Screen on" time counted when shut off? (W11)

This is on Windows 11 Pro with a brand new framework laptop with an AMD 7640U. Install is mostly default. Only thing of note that I’ve changed is turning off “Fast Startup” (got a couple of blue screens during boot with it on). For expansion cards I have two USB-C’s (closest to LCD), a USB-A (left side farthest from LCD), and DisplayPort (right side farthest from LCD).

Windows 11 considers the screen “on” when the laptop is shut down (Start → Power → Shutdown). Anyone know why?