I've noted, that the problem depends on the terminal emulator.
I'm using https://st.suckless.org/

$ echo $TERM
st-256color

Changing the TERM value solves the issue
$ export TERM=xterm-256color

I don't know whether I have the same problem or not.
My terminal doesn't hang with screen -r, but it cannot reattach to any session with the following message: [screen caught signal 11.]

I have a fresh Archlinux installed with the latest updates.

$ screen -v
Screen version 4.08.00 (GNU) 05-Feb-20

$ screen -ls
There is a screen on:
        54052.pts-0.sidshome    (Detached)
1 Socket in /home/sids/.screen.

$ screen -r

[screen caught signal 11.]

$ screen -ls
There is a screen on:
        54052.pts-0.sidshome    (Dead ???)
Remove dead screens with 'screen -wipe'.
1 Socket in /home/sids/.screen.

I tried to install git-version 4.8.0 from branch screen-v4 at 30c9a2a6c190647e35d1ce7b4758de9081f06d10, same behavior.

Problem disappears with version 4.7.0

The package is built under Arch with the following commands:

./autogen.sh
./configure \
        --prefix=/usr \
        --mandir=/usr/share/man \
        --infodir=/usr/share/info \
        --enable-pam \
        --enable-utmp \
        --enable-telnet \
        --enable-socket-dir \
        --with-system_screenrc="/etc/screenrc" \
        --with-pty-mode="0622" \
        --with-pty-group="5" \
        --with-pty-rofs="yes"

make