Yes, even with recalhorn there is a glitch.
I have tried with different bases, the roms are the latest roll-up pack pure mame pack. The glitch in grind seeker is also there on a conversion.
Tested this on my F3 Multi and got the same strange blob, however mine was on the first stage.
Pulled out my spare F3 motherboard and tested with that, same result.
Then I reached out to @BuddyC and asked if he had the same issue. He said that all was fine on his setup.
He kindly sent over his ROMset and I tested with that and got exactly the same result as earlier.
Then he suggested that I check the voltage on the JAMMA edge. Mine was around 4.9 so I boosted it to 5.1 and to my surprise the blob went away