panic(cpu 2 caller 0xffffff7f93050aae): watchdog timeout: no checkins from watchdogd in 302 seconds (4200 totalcheckins since monitoring last enabled), shutdown in progress

Backtrace (CPU 2), Frame : Return Address
0xffffff81145abc40 : 0xffffff8011f1963d 
0xffffff81145abc90 : 0xffffff8012053ae5 
0xffffff81145abcd0 : 0xffffff801204566e 
0xffffff81145abd20 : 0xffffff8011ebfa40 
0xffffff81145abd40 : 0xffffff8011f18d07 
0xffffff81145abe40 : 0xffffff8011f190f7 
0xffffff81145abe90 : 0xffffff80126c0238 
0xffffff81145abf00 : 0xffffff7f93050aae 
0xffffff81145abf10 : 0xffffff7f93050486 
0xffffff81145abf50 : 0xffffff7f93065d9c 
0xffffff81145abfa0 : 0xffffff8011ebf13e 

      Kernel Extensions in backtrace:
         com.apple.driver.watchdog(1.0)[70ED0B51-E234-3CFD-86E4-52240E3D0507]@0xffffff7f9304f000->0xffffff7f93057fff
         com.apple.driver.AppleSMC(3.1.9)[90F24268-4E02-3925-A3C5-05994B198625]@0xffffff7f93058000->0xffffff7f93076fff
            dependency: com.apple.iokit.IOACPIFamily(1.4)[651110C7-82F0-3264-88EC-E16ED04032B8]@0xffffff7f93046000
            dependency: com.apple.driver.watchdog(1)[70ED0B51-E234-3CFD-86E4-52240E3D0507]@0xffffff7f9304f000
            dependency: com.apple.iokit.IOPCIFamily(2.9)[017B6656-0279-38F7-917D-97CB6A21AC33]@0xffffff7f92931000

BSD process name corresponding to current thread: kernel_task

Mac OS version:
19H524

Kernel version:
Darwin Kernel Version 19.6.0: Tue Jan 12 22:13:05 PST 2021; root:xnu-6153.141.16~1/RELEASE_X86_64
Kernel UUID: 64F23D6D-4C30-3FC4-B7C2-9EE0BBA0D29A
Kernel slide:     0x0000000011c00000
Kernel text base: 0xffffff8011e00000
__HIB  text base: 0xffffff8011d00000
System model name: iMac16,1 (Mac-A369DDC4E67F1C45)
System shutdown begun: YES
Panic diags file available: YES (0x0)

System uptime in nanoseconds: 42365435780390
last loaded kext at 138054241082: >!AHIDKeyboard	209 (addr 0xffffff7f96288000, size 36864)
last unloaded kext at 492097618988: >usb.IOUSBHostHIDDevice	1.2 (addr 0xffffff7f931a5000, size 49152)
loaded kexts:
>!ATopCaseHIDEventDriver	3430.1
>AudioAUUC	1.70
>!AGraphicsDevicePolicy	5.2.7
@AGDCPluginDisplayMetrics	5.2.7
@fileutil	20.036.15
>!AHV	1
|IOUserEthernet	1.0.1
|IO!BSerialManager	7.0.6f8
>!AUpstreamUserClient	3.6.8
>AGPM	111.4.4
>!APlatformEnabler	2.7.0d0
>X86PlatformShim	1.0.0
>pmtelemetry	1
>!A!IBDWGraphics	14.0.7
@Dont_Steal_Mac_OS_X	7.0.0
>!AHDA	283.15
>eficheck	1
>!AThunderboltIP	3.1.4
|Broadcom!B20703USBTransport	7.0.6f8
>!ALPC	3.1
>!ASMCLMU	212
>!A!IBDWGraphicsFramebuffer	14.0.7
>!A!ISlowAdaptiveClocking	4.0.0
>!AMCCSControl	1.14
@filesystems.autofs	3.0
>!AVirtIO	1.0
@filesystems.hfs.kext	522.100.5
@!AFSCompression.!AFSCompressionTypeDataless	1.0.0d1
@BootCache	40
@!AFSCompression.!AFSCompressionTypeZlib	1.0.0
@filesystems.apfs	1412.141.1
|!ABCM5701Ethernet	10.3.5
>!ASDXC	1.7.7
>AirPort.BrcmNIC	1400.1.1
>!AAHCIPort	341.140.1
@private.KextAudit	1.0
>!AACPIButtons	6.1
>!ARTC	2.0
>!AHPET	1.8
>!ASMBIOS	2.1
>!AACPIEC	6.1
>!AAPIC	1.7
$!AImage4	1
@nke.applicationfirewall	303
$TMSafetyNet	8
@!ASystemPolicy	2.0.0
|EndpointSecurity	1
>!AHIDKeyboard	209
>!AMultitouchDriver	3440.1
>!AInputDeviceSupport	3440.8
>!AHS!BDriver	3430.1
>IO!BHIDDriver	7.0.6f8
>!AGraphicsControl	5.2.7
|IOAVB!F	850.1
>DspFuncLib	283.15
@kext.OSvKernDSPLib	529
@!AGPUWrangler	5.2.7
|IONDRVSupport	576.1
|Broadcom!BHost!CUSBTransport	7.0.6f8
|IO!BHost!CUSBTransport	7.0.6f8
|IO!BHost!CTransport	7.0.6f8
|IO!B!F	7.0.6f8
|IO!BPacketLogger	7.0.6f8
>!AHDA!C	283.15
|IOHDA!F	283.15
>!ASMBusPCI	1.0.14d1
@!AGraphicsDeviceControl	5.2.7
|IOAccelerator!F2	438.7.4
>X86PlatformPlugin	1.0.0
>IOPlatformPlugin!F	6.0.0d8
|IOSlowAdaptiveClocking!F	1.0.0
>!AThunderboltEDMSink	4.2.3
>!ASMBus!C	1.0.18d1
|IOGraphics!F	576.1
@plugin.IOgPTPPlugin	840.3
@kext.triggers	1.0
>usb.networking	5.0.0
>usb.!UHostCompositeDevice	1.2
|IOAudio!F	300.2
@vecLib.kext	1.2.0
|IOSerial!F	11
|IOSurface	269.11
@filesystems.hfs.encodings.kext	1
>!AThunderboltDPOutAdapter	6.2.6
>!AThunderboltDPInAdapter	6.2.6
>!AThunderboltDPAdapter!F	6.2.6
>!AThunderboltPCIDownAdapter	2.5.4
|IOAHCIBlock!S	316.100.5
>!AThunderboltNHI	5.8.6
|IOThunderbolt!F	7.6.1
|IOEthernetAVB!C	1.1.0
|IO80211!F	1200.12.2b1
>mDNSOffloadUserClient	1.0.1b8
>corecapture	1.0.4
|IOSkywalk!F	1
|IOAHCI!F	290.0.1
>usb.!UXHCIPCI	1.2
>usb.!UXHCI	1.2
|IOUSB!F	900.4.2
>!AEFINVRAM	2.1
>!AEFIRuntime	2.1
|IOSMBus!F	1.1
|IOHID!F	2.0.0
$quarantine	4
$sandbox	300.0
@kext.!AMatch	1.0.0d1
>DiskImages	493.0.0
>!AFDEKeyStore	28.30
>!AEffaceable!S	1.0
>!ASSE	1.0
>!AKeyStore	2
>!UTDM	489.120.1
|IOSCSIBlockCommandsDevice	422.120.3
>!ACredentialManager	1.0
>KernelRelayHost	1
>!ASEPManager	1.0.1
>IOSlaveProcessor	1
|IOUSBMass!SDriver	157.140.1
|IOSCSIArchitectureModel!F	422.120.3
|IO!S!F	2.1
|IOUSBHost!F	1.2
>!UHostMergeProperties	1.2
>usb.!UCommon	1.0
>!ABusPower!C	1.0
|CoreAnalytics!F	1
>!AMobileFileIntegrity	1.0.5
@kext.CoreTrust	1
|IOTimeSync!F	840.3
|IONetworking!F	3.4
|IOReport!F	47
>!AACPIPlatform	6.1
>!ASMC	3.1.9
>watchdog	1
|IOPCI!F	2.9
|IOACPI!F	1.4
@kec.pthread	1
@kec.corecrypto	1.0
@kec.Libm	1