Why would the date of 2/21/2022 show on my transcript?

I efiled on 1/31/22.  IRS excepted my return the same day.  On 2/2/22 I received the PATH message.  I checked to see if a transcript was available and they were there.  On my Account Transcript I see my refund amount near the top.  I also see a Cycle code of 20220503.  It also says As of February 21, 2022.  Is 2/21/22 the date of when they are going to process my return or could that be my refund date?  I know anyone that has EIC or ACTC can't be issued a refund until after 2/15/22.