We have received reports from our users that if a membership is applied to their profile and the grace period has been changed, the grace period time frame does not update on that profile. For example, I sign up and purchase a membership (while the membership type settings grace period is currently set to 7 days). Then, a control panel user extends the grace period to 30 days, that grace period isn't updated on my profile and my membership still has a grace period of only 7 days.
We have been able to replicate this issue on our end, but would like to gather additional reports on how this is affecting our users. If you are experiencing this issue, please add a comment below or reach out to us at firstname.lastname@example.org