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I disagree with previous posts. If you’re not looking to be a developer I do think this is a red flag. I’d ask your supervisor for clarity - did this come from them? Or someone else? Understanding the tools your team is using and their processes and stuff is great but I’ve been a pm for 12 years and never been asked to merge code. Even for my backend teams.
Anything that helps the team is not a red flag
If you are a product owner then you need to know your product in and out.
Not every environment is the same. Also it doesn’t sound great if you Only do what’s being asked. PM role is about team leadership which also implies helping out team with delivery