For others who come across this I'm documenting my remaining trials:
1. Test engine ground to all stator wires except red-striped neutral (pink, yellow, white)
2. Test continuity amongst all wires again (pink to yellow, pink to white, white to yellow)
3. Test vAC from stator across pink/yellow and pink/white at idle and while revving again
4. Test battery vDC across terminals at idle with stator unplugged
From what I've read it's pointing to a faulty regulator as Sonreir suggested, however I'm not convinced all is well from the stator... although I'm seeing vAC as expected so far. Second tests will validate for sure later today.
Huge thanks for the help thus far.