The update became available where I am on August 24th and I installed it. Security updates and bug fixes. Bumped to the August 1st Android patch level. Been running for 5 days now without issue.
Verizon Samsung Galaxy S7: Samsung Galaxy S7 Software Update | Verizon Wireless
Verzon Samsung Galaxy S7 Edge: Samsung Galaxy S7 edge Software Update | Verizon Wireless
Side note: To the Verizon Moderators, could someone please fix the software version numbers on the support pages? If you check the links I posted above you will note that at some point someone began reversing the S7 (G930V) and S7 Edge (G935V) which [some] people might find confusing.