I downloaded your GH6 clip which had the below characteristics. It worked on the five Macs I tested, all but one was running Sequoia 15.1 and FCP 11.0. I imported it via drag/drop from Finder to the FCP event. The GH6 clip was on the internal drive of each Mac. I tested playback in both Event Browser and on 100 fps and 50 fps timelines, using 1x speed and 1/4 speed, plus fast forward and reverse. I did not use optimized media for any of them. It worked OK in all cases.
Edit/add: All of the below machines were on Pro Video Formats 2.3.2. This is indicated in System Information>General>About>System Report>Software>Installations, scroll down to Pro Video Formats.
This is normally installed as part of MacOS updates, but it's a secondary update where you must click on the blue link in System Settings>General>Software Updates.
M1 Ultra Mac Studio, Sequoia 15.1, FCP 11.0: OK
M1 Max MacBook Pro 16, Sequoia 15.1, FCP 11.0: OK
M4 Pro Mac Mini, Sequoia 15.1, FCP 11.0: OK
2019 i9 MacBook Pro 16, Sequoia 15.1, FCP 10.7.1 and 11.0: both OK
2017 i7 iMac 27, Ventura 13.7.1, FCP 10.8.1: OK (can't be upgraded to Sonoma or FCP 11).
Format : HEVC
Format/Info : High Efficiency Video Coding
Format profile : Main 10@L6.1@High
Codec ID : hvc1
Codec ID/Info : High Efficiency Video Coding
Duration : 8 s 160 ms
Bit rate : 288 Mb/s
Width : 3 840 pixels
Height 2 160 pixels
Display aspect ratio : 16:9
Frame rate • mode : Constant
Frame rate : 100.000 FPS
Color space : YUV
Chroma subsampling : 4:2:0
Bit depth : 10 bits
Bits/(Pixel*Frame) : 0.347
Stream size 280 MiB (98%)