Don't know if it's this image in particular, but Vegas' scopes aren't correctly showing clipping in the highlights:
This is a png frame export from 8-bit source video. No conversions applied. Vegas' histogram correctly shows the clipping in all three channels, but both the waveform and the RGB parade are basically giving no indication of clipping.
VP18. Resolve's scopes and PS's histograms correctly indicate what's obvious looking at the image: the highlights are clipped.