2 weeks of silence after final round

Great feedback for behavioral and technical rounds. Quick turnaround to chat with the portfolio leader/MD. Also went really well and he said he’s excited for me to join the team. This is for cyber division

Recruiter I’ve been working with was out on vacation for a week and MD also said he’s going out on vacation 3 days after our chat, so I assume he had time to provide feedback.

I sent an email and voicemail to recruiter, but he hasn’t replied back at all.

Should I consider this as ghosting? Or is it just a busy time with 4th of July and everyone being out. How long does it take to get an offer?