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My understanding is the embargo was scheduled to end 14:00 UTC today, broken 07:41 UTC by Chainguard... It's now 22:00 UTC and AWS are talking about (some time) tomorrow.
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Yes, PHP release was scheduled for Wednesday, 21 October 2026 at 14:00 UTC: https://news-web.php.net/php.announce/509
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The official story is that it was originally scheduled for 14:00 UTC tomorrow. Then yesterday they decided to move the date forward by 24 hours in response to information about the vulnerability leaking.
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