Monitor layout hotkey does not show single display options

0) More detailed description:
The default hotkey to switch which monitor to display the desktop on (Super+P) only shows two options: Mirror and Join Displays. There is no option "External Only" or "Built-in Only". This computer is configured with an AMD graphics card plugged into two external monitors, running Ubuntu 22.04 in the Wayland session.

1) lsb_release -rd
Description: Ubuntu 22.04.1 LTS
Release: 22.04

2) apt-cache policy gnome-shell
gnome-shell:
  Installed: 42.2-0ubuntu0.2
  Candidate: 42.2-0ubuntu0.2
  Version table:
 *** 42.2-0ubuntu0.2 500
        500 http://us.archive.ubuntu.com/ubuntu jammy-updates/main amd64 Packages
        100 /var/lib/dpkg/status
     42.0-2ubuntu1 500
        500 http://us.archive.ubuntu.com/ubuntu jammy/main amd64 Packages

3) Expected to happen:
Meta+P hotkey showing all four possibilities for display configurations (Mirror, Join Displays, External Only, Built-in Only).

4) What happened instead:
Only two options appear on screen while pressing Meta+P: "Mirror" and "Join Displays".

ProblemType: Bug
DistroRelease: Ubuntu 22.04
Package: gnome-shell 42.2-0ubuntu0.2
ProcVersionSignature: Ubuntu 5.15.0-43.46-generic 5.15.39
Uname: Linux 5.15.0-43-generic x86_64
ApportVersion: 2.20.11-0ubuntu82.1
Architecture: amd64
CasperMD5CheckResult: pass
CurrentDesktop: ubuntu:GNOME
Date: Fri Aug 5 09:17:19 2022
DisplayManager: gdm3
InstallationDate: Installed on 2022-05-01 (95 days ago)
InstallationMedia: Ubuntu 22.04 LTS "Jammy Jellyfish" - Release amd64 (20220419)
ProcEnviron:
 TERM=xterm-256color
 PATH=(custom, no user)
 XDG_RUNTIME_DIR=<set>
 LANG=en_US.UTF-8
 SHELL=/bin/bash
RelatedPackageVersions: mutter-common 42.2-0ubuntu1
SourcePackage: gnome-shell
UpgradeStatus: No upgrade log present (probably fresh install)