Yes, it is.
I like that though. Because at my usual OAL, the cannelure is just hidden at the end of the case mouth.
Not sure why I like that so much, but it's clean looking.
With Hornadys, I don't really get any purchase on the case mouth into the cannelure, so it is pretty much useless.
It's not a big deal for me either except the first time I loaded them. I bought 4K back when they were $200 and now I wish I'd of bought more at that price