I am running a much older macOS, Catalina, which still has Sys Prefs, instead of Settings, so this is just a shot in the dark. Try reassigning the keyboard shortcuts for that task. That task is not available this far back, so I have to ask, did you use 3rd part app to make the shortcut? There also used to be a way to put a Mac to sleep by another action, is the shortcut there?
Brent ?
On my Mac mini running 10.15.7?
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yes that is what it is for, although on the new keyboard , it just is a recessed circle
Jeannie