Use the editor from the following article to reproduce: https://docs.telerik.com/devtools/winforms/propertygrid/editors/using-custom-editor
Workaround:
void TrackBarEditor_ValueChanged(object sender, EventArgs e)
{
    PropertyGridItemElement owner = this.OwnerElement as PropertyGridItemElement;
    if (owner != null)
    {
        var method = owner.PropertyTableElement.GetType().GetMethod("OnValueChanged", System.Reflection.BindingFlags.NonPublic | System.Reflection.BindingFlags.Instance);
        method.Invoke(owner.PropertyTableElement, new object[] { this, EventArgs.Empty });
    }
}