Yes, I’m seeing the exact same issue since iOS 26 beta 3. Everything worked correctly up to beta 2. Since beta 3 and now also 4, UIColor.label and other dynamic colors no longer update properly when switching between light and dark mode—especially in the Sidebar (Primary View) of UISplitViewController.
In my case, it also affects the Secondary View—for example, built-in system controls like the Date Picker or Context Menu UI are also rendering incorrectly, often showing incorrect colors.
It definitely looks like a regression in iOS 26 beta 4. I’d recommend filing a bug report via Feedback Assistant if you haven’t already—this one needs Apple’s attention.