I recently got a pair of XTR M9120 pedals. Today I noticed an elastic ring visible on the axel, and bits of grease on it too. The ring can be seen on the service manual
This has happened on both pedals, although only one has signs of grease.
Does this mean I need to take the pedal apart and regrease? This has only happened after a few hours of riding (Less than 20).
I have simply pushed it back in now by hand, but not confident it will stay there. Following pictures are after I pushed it in.