Grid line item status column – how to display broader explanation?

Grid contains transactions of a sort. Each transaction can be: Open, Closed, or Cancelled. There's a "Status" column, and each cell has one of the 3 words in it: Open, Closed, or Cancelled.

Now, Open, Closed, or Cancelled, is just the highest level status. Each category, has between 10-20 sub-statuses. Like, if the transaction is Open, which team is it Open with? Legal, Compliance, Operations, or other.

What are some good ways to show this sub-status?

  1. I was thinking maybe on hover.

  2. Or an extra column that shows on default, but user can hide if they want to.

  3. Or maybe it's all together, in one cell, like this, "OPEN: awaiting Legal approval". But I don't know if this is feasible from a TECH perspective?

Any other ideas?

Thank you.