diff --git a/scripts/startup/bl_ui/space_sequencer.py b/scripts/startup/bl_ui/space_sequencer.py
index ffb43377f30..e66887d56d3 100644
--- a/scripts/startup/bl_ui/space_sequencer.py
+++ b/scripts/startup/bl_ui/space_sequencer.py
@@ -20,6 +20,7 @@ from bl_ui.space_toolsystem_common import (
     ToolActivePanelHelper,
 )
 from rna_prop_ui import PropertyPanel
+from bl_ui_utils.layout import operator_context
 
 
 def _space_view_types(st):
@@ -988,13 +989,12 @@ class SEQUENCER_MT_strip(Menu):
             layout.menu("SEQUENCER_MT_strip_retiming")
             layout.separator()
 
-            props = layout.operator("sequencer.split", text="Split")
-            props.type = 'SOFT'
-            props.side = 'RIGHT'
+            with operator_context(layout, 'EXEC_REGION_WIN'):
+                props = layout.operator("sequencer.split", text="Split")
+                props.type = 'SOFT'
 
-            props = layout.operator("sequencer.split", text="Hold Split")
-            props.type = 'HARD'
-            props.side = 'RIGHT'
+                props = layout.operator("sequencer.split", text="Hold Split")
+                props.type = 'HARD'
 
             layout.separator()
 
diff --git a/source/blender/editors/space_sequencer/sequencer_edit.cc b/source/blender/editors/space_sequencer/sequencer_edit.cc
index f7e3beb80b5..dd68427af79 100644
--- a/source/blender/editors/space_sequencer/sequencer_edit.cc
+++ b/source/blender/editors/space_sequencer/sequencer_edit.cc
@@ -1401,6 +1401,23 @@ EnumPropertyItem prop_side_types[] = {
     {0, nullptr, 0, nullptr, nullptr},
 };
 
+/* Get the splitting side for the Split Strips's operator exec() callback. */
+static int sequence_split_side_for_exec_get(wmOperator *op)
+{
+  const int split_side = RNA_enum_get(op->ptr, "side");
+
+  /* The mouse position can not be resolved from the exec() as the mouse coordinate is not
+   * accessible. So fall-back to the RIGHT side instead.
+   *
+   * The SEQ_SIDE_MOUSE is used by the Strip menu, together with the EXEC_DEFAULT operator
+   * context in order to have properly resolved shortcut in the menu. */
+  if (split_side == SEQ_SIDE_MOUSE) {
+    return SEQ_SIDE_RIGHT;
+  }
+
+  return split_side;
+}
+
 static int sequencer_split_exec(bContext *C, wmOperator *op)
 {
   Main *bmain = CTX_data_main(C);
@@ -1409,11 +1426,13 @@ static int sequencer_split_exec(bContext *C, wmOperator *op)
   bool changed = false;
   bool seq_selected = false;
 
-  const int split_frame = RNA_int_get(op->ptr, "frame");
-  const int split_channel = RNA_int_get(op->ptr, "channel");
   const bool use_cursor_position = RNA_boolean_get(op->ptr, "use_cursor_position");
+
+  const int split_frame = use_cursor_position ? RNA_int_get(op->ptr, "frame") : scene->r.cfra;
+  const int split_channel = use_cursor_position ? RNA_int_get(op->ptr, "channel") : 0;
+
   const eSeqSplitMethod method = eSeqSplitMethod(RNA_enum_get(op->ptr, "type"));
-  const int split_side = RNA_enum_get(op->ptr, "side");
+  const int split_side = sequence_split_side_for_exec_get(op);
   const bool ignore_selection = RNA_boolean_get(op->ptr, "ignore_selection");
 
   SEQ_prefetch_stop(scene);