Spotlight strange diamond shadow

I have exactly the same issue and shadow type. In 4.27 and also 5.0.3. I have tried all kind of view modes - nothing.

I`m trying for days now to narrow it down without success.

I able to reproduce this:

  • Create new 4.27 project (I chose VR template)
  • Create new empty level
  • Add a plane and a few static spotlights
  • Build lighting

The shadow will now follow the spotlight if I move it around.

Can anyone help?