NetworkManager renderer for Netplan ignores link-local: []

If I am trying to get rid of IPv4 and IPv6 addresses on a particular interface using Netplan, if I use NetworkManager as the renderer, it does not follow the last of these three Netplan documentation examples:
Example to enable only IPv4 link-local: link-local: [ ipv4 ]
Example to enable all link-local addresses: link-local: [ ipv4, ipv6 ]
Example to disable all link-local addresses: link-local: [ ]

/etc/netplan/01-network-manager-all.yaml
network:
  version: 2
  renderer: NetworkManager
  ethernets:
    lan:
      match:
        macaddress: a8:20:XX:XX:9f:da
      dhcp6: true
      addresses:
        - 192.168.1.3/24
      routes:
        - to: default
          via: 192.168.1.1
          metric: 100
      nameservers:
        addresses: [192.168.1.1]
        search: []
      set-name: lan
    softether:
      match:
        macaddress: 40:6c:XX:XX:4a:93
      optional: true
      link-local: []
      set-name: softether

Followed by `netplan generate` and `netplan apply`, results of `ip a` for the softether interface...
2: softether: <BROADCAST,MULTICAST,UP,LOWER_UP> mtu 1500 qdisc mq state UP group default qlen 1000
    link/ether 40:6c:XX:XX:4a:93 brd ff:ff:ff:ff:ff:ff
    altname enp9s0
    inet 169.254.65.216/16 brd 169.254.255.255 scope link noprefixroute softether
       valid_lft forever preferred_lft forever
    inet6 fd8b:a698:e8f4:3:426c:8fff:fe35:4a93/64 scope global deprecated dynamic mngtmpaddr
       valid_lft 769sec preferred_lft 0sec
    inet6 fd97:65c2:6883:1:426c:8fff:fe35:4a93/64 scope global dynamic mngtmpaddr
       valid_lft 1785sec preferred_lft 1785sec
    inet6 fda2:db11:4cad:2:426c:8fff:fe35:4a93/64 scope global deprecated dynamic mngtmpaddr
       valid_lft 769sec preferred_lft 0sec
    inet6 fdaa:ed5f:f69b:4:426c:8fff:fe35:4a93/64 scope global deprecated dynamic mngtmpaddr
       valid_lft 770sec preferred_lft 0sec
    inet6 fe80::426c:8fff:fe35:4a93/64 scope link
       valid_lft forever preferred_lft forever

However, if the renderer is changed to networkd...
network:
  version: 2
  renderer: networkd
  ethernets:
    lan:
      match:
        macaddress: a8:20:XX:XX:9f:da
      dhcp6: true
      addresses:
        - 192.168.1.3/24
      routes:
        - to: default
          via: 192.168.1.1
          metric: 100
      nameservers:
        addresses: [192.168.1.1]
        search: []
      set-name: lan
    softether:
      match:
        macaddress: 40:6c:XX:XX:4a:93
      optional: true
      link-local: []
      set-name: softether

Then `netplan generate` and `netplan apply`, results of `ip a` for the softether interface...
2: softether: <BROADCAST,MULTICAST,UP,LOWER_UP> mtu 1500 qdisc mq state UP group default qlen 1000
    link/ether 40:6c:XX:XX:4a:93 brd ff:ff:ff:ff:ff:ff
    altname enp9s0

To recap, using NetworkManager as the renderer for Netplan fails to eliminate IPv4 and IPv6 addresses when setting link-local: [].

ProblemType: Bug
DistroRelease: Ubuntu 21.10
Package: ubiquity (not installed)
ProcVersionSignature: Ubuntu 5.13.0-20.20-generic 5.13.14
Uname: Linux 5.13.0-20-generic x86_64
NonfreeKernelModules: wl zfs zunicode zavl icp zcommon znvpair
ApportVersion: 2.20.11-0ubuntu71
Architecture: amd64
CasperMD5CheckResult: pass
Date: Sat Nov 6 12:51:59 2021
InstallCmdLine: BOOT_IMAGE=/casper/vmlinuz file=/cdrom/preseed/ubuntu.seed maybe-ubiquity quiet splash ---
InstallationDate: Installed on 2021-11-05 (0 days ago)
InstallationMedia: Ubuntu 21.10 "Impish Indri" - Release amd64 (20211012)
ProcEnviron:
 TERM=xterm-256color
 PATH=(custom, no user)
 LANG=en_US.UTF-8
 SHELL=/bin/bash
SourcePackage: ubiquity
Symptom: installation
UpgradeStatus: No upgrade log present (probably fresh install)