Hmm, interesting… none of these other images show the behavior I'm seeing: negative voltage when the PSU is OFF. That's what I'm most concerned with, although a ripple of >750mV peak to peak at 5V output is pretty concerning, too. Perhaps I got a faulty unit after all?
(I tried with two different USB-PD power adapters, one from Anker and one from Ugreen, but that shouldn't matter — I might expect a little more HF noise with a crappy adapter, but not negative 6V)