Hey Andy,
This should be fixed for the next 12.11 Beta and GA versions of Toad. Toad is a pretty massive product and sometimes bugs like this can fall through the cracks. It’s the same with any piece of software. After all, how many operating system updates does the average person go through in order to fix bugs that were missed when released? We rely on, and very much appreciate when our users find things that don’t look right and let us know about them so we can fix them. It helps us give you the best product possible.
You mentioned you were on the Freeware version of Toad, so you may not have access to run the beta; however, you should see this fixed when the next GA version is released. Thanks again for letting us know about this!
-John