HEVC transcoding with SRT subtitles

Server Version#: 1.43.1.10576
Player Version#: Plex for LG 5.94.1
There are performance issues with HEVC transcoding and SRT subtitles. Burn in subtitles is turned off but as soon as a .srt subtitle is enabled the transcoder start buffering, with PGS subtitles it works fine.

I believe it moves the transcoding to the CPU when SRT subtitles are enabled instead of keeping it on the iGPU/GPU.