QuickShape Tool - Mode Indicator
This indicator on the QuickShape Tool Infobar displays the 'mode' of the tool. It shows one of the following:
New:
Changes made to the Infobar fields set the defaults for the tool (the settings that apply to all subsequent QuickShapes you draw).
Change:
The selection contains at least one QuickShape. Changes made to the Infobar fields are reflected in the selected QuickShape(s).