UE5 Movie Render que not showing video formats?

Hi, im trying to render a movie from UE5 sequencer and can’t seem to find any video formats. Its giving me an option to export the whole sequence as JPEG or PNG frames. Of course I can import the frames into a video editing software and convert it into a movie. Thats what ive been doing so far, but im not working on a very high budget here and a minute saved is a dollar saved. So would really appreciate any help in getting UE5 to directly export a video.