NETWORKDAYS & Weekends with Notifications

I am using the below formula to try to stop notifications on weekends and holidays. My automation has a condition to check if this field has a check mark. If it does have a checkmark, it sends a notification. If it is unchecked it is supposed to not send notification but it appears to still be sending them on the weekends. My understanding of NETWORKINGDAYS is that by default this formula does not see Saturday and Sunday as weekends.

In a Checkbox column as a Column Formula.

=NETWORKDAYS(TODAY(), TODAY(), {Holidays Range 1})

Any help is greatly appreciated!

Thanks!

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