The following module is installed, but it is incompatible with PHP 8.3.19

I'm in serious doubt if this actually is Scheduled Transitions issue, or rather a Drupal core issue.

I'm running on PHP version 8.3.19:

$ php -v
PHP 8.3.19 (cli) (built: Mar 14 2025 01:59:23) (NTS)
Copyright (c) The PHP Group
Zend Engine v4.3.19, Copyright (c) Zend Technologies
    with Zend OPcache v8.3.19, Copyright (c), by Zend Technologies

And

$ drush ev "echo PHP_VERSION"
8.3.19

When running drush updb -y, I get the following error message:

$ drush updb -y
 [error]   (Currently using Incompatible module The following module is installed, but it is incompatible with PHP 8.3.19:
 * Scheduled Transitions

Review the  suggestions for resolving this incompatibility [1] to repair your  
installation, and then re-run update.php.

[1] https://www.drupal.org/docs/updating-drupal/troubleshooting-database-updates
) 

 // Requirements check reports errors. Do you wish to continue?: yes.                                                   

 [success] No pending updates.

Is anyone else experiencing this?