RHEL 10 must prevent the loading of a new kernel for later execution.
Changes to any software components can have significant effects on the overall security of the operating system. This requirement ensures the software has not been tampered with and has been provided by a trusted vendor.
Disabling kexec_load prevents an unsigned kernel image (that could be a windows kernel or modified vulnerable kernel) from being loaded. Kexec can be used to subvert the entire secureboot process and should be avoided at all costs, especially because it can load unsigned kernel images.
How this relates to the STIG checklist: STIG vs SCAP benchmark.