Works as intended!
Had a difficult time getting a compatible thunderbolt/usb4 card for a TRX50 platform. Apparently they are not released in NA yet. I initially tried using a thunderbolt X4 card from ASUS but this prevented the system from waking from sleep and restarting properly. Thankfully this card is available from LDLC and I was able to acquire one for my workstation. It works as intended, no issues at all.