I have a Plex app loaded on an Apple TV gen4. The Plex media server is a Drobo 5n2 NAS with the movies (m4v and MP4) are loaded on that NAS.
Is the transcoding happening of the movie happening on the Apple TV device using native drivers, the PLEX software in the Plex app loaded on the Apple TV, the NAS or the TV?
I just realized that you said at the end that the transcoding happens on the NAS server that is not attached in any way to a computer. Is that correct?