Kernel Panic with external monitor!

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Bit poster
Running latest version of mac, Big Sur. Newest iMac 2020. When I run parallels with my Win 10 machine, if I attach my secondary monitor after a few minutes I'll get a KERNEL PANIC and my system shuts down. I've tried multiple cables AND monitors. It ONLY happens when running Parallels. Any suggestions/ideas? This happened with the previous version of Mac OS too.
 
Tech report 355812418
The kernel panic happened. Right after I rebooted I opened up parallels and took the report. The kernel panic ONLY happens when I use parallels and my second monitor.
 
Tech report 355812418
The kernel panic happened. Right after I rebooted I opened up parallels and took the report. The kernel panic ONLY happens when I use parallels and my second monitor.
Thank a lot for the provided information.
Did you check this issue with Apple HV?
 
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