It is one of the improvements in Photos on iOS 16. Finally Apple has cleaned up the Share menu ⇧ and moved the actions, that are not sharing actions out of the Share menu. Another example is the "Hide" command, that has also been moved to the Actions menu (∙∙∙). It is more logical, once we know, where they have been moved to. I like it. everything, that is modifying a photo or video inside the Photos Library is now in one place, like Duplicate, copy, Hide, Date and Time, location. Sharing is again a menu for getting items out of Photos, pass them to other apps or saving them somewhere else.