Steps to repro:
1. Create a new project

2. Create an empty GameObject

3. Open Timeline window (Window -> Sequencing -> Timeline)

4. Select the created GameObject and follow the hints in Timeline window to add a Playable Director and create a timeline

4. Once the GameObject can be edited in Timeline window, click the plus icon in the Timeline window to add a track

5. Add a Control Track

6. Click the three dots on the right side of Control Track item

7. Select Add From Game Object and select any the GameObject created at step 2

Expected result: While the added Playable Asset is selected, it portrays HOLD
Actual result: Playable Asset displays HOLD while selected, after a redraw or moving it, it displays the GameObject name

Reproducible with: Timeline 1.2.18 (2019.4.37f1), 1.7.1 (2022.2.0a7)

Notes:
- Reproducible both on Mac and Linux
- Doesn't reproduce after holding and dragging or zooming in