First off, I'm ecstatic to see that this issue is being taken seriously! Thank you for the detailed response.
As for the accidental incorrect pings, u/aurens singled out the problem and I have recreated it repeatedly. For your reference, I am on PS4 but the issue also occurs on PC, according to aurens. The ping wheel delay function works fine if the ping button is held and the player doesn't move. HOWEVER, if the player makes any directional input at all for their POV (aka mouse movement or right thumbstick movement) , the delay is overridden and the wheel pops up instantly.
In the heat of battle this results in players repeatedly quick pressing Ping - In World only to have the ping wheel flash onto the screen for a millisecond as a specific ping is chosen by accident because they were moving. This is unavoidable unless you are inputting absolutely nothing into your POV controls, and as we all know, an unmoving player gets a hole in their he...