Waveform should not be displayed in automation lane for inactive/muted audio events

See this picture:

In the automation lane, the waveforms of all comped audio events on that track are shown in the automation lane, which does not make sense, as only one is active and enabled. Even if I mute the inactive event, the waveform is still visible. This is very distracting for detailed automation.

I would expect to only see the waveform of the audio that actually get played.
Or am I missing a setting here?