It's a stock '86 LG4 ECM. It will lock in 2nd at 41 mph and light throttle, so I know it isn't waiting for 4th gear.
I didn't notice the MPH when it was doing it, but the speedo is only indicating 85 mph going through the traps. So, it might be commanding lock-up at 75 mph.
Before I put the 350 shortblock in, the TCC would lock even though it didn't have power to the solenoid. Turned out there was a little piece of plastic in the solenoid blocking the flow path. I made sure this one was clean before installing it. I vaguely recall hearing Vettes used a different solenoid, so that's why I was wondering if 3rd gear flow might be greater, and why it doesn't go to lock while in 2nd.
Guess I'll try disconnecting the power next time I'm out there and see what happens (this isn't a good test to conduct on the street. . .

).