Receiving Error: "createKernel: newComputePipelineState failed"

Hey, I am on my m1 macbook air and I am trying to use the video transcoder feature. When I transcode 1080p footage it works fine without errors, but as soon as I try and transcode 4k footage, I get this error: "UNSUPPORTED (log once): createKernel: newComputePipelineState failed". When I try use the video player to play the content in my desired resolution it works fine. Also, I have tried the native ARM binaries as well as the x86 ones, and I get the same response on both. Some help would greatly be appreciated. Thanks.

Edit: I am not sure if its important, but it also exits with code 9