LPL Financial LLC Reports 7.9% Stake in Escalon Medical Corp. (ESMC)

LPL Financial LLC filed a Schedule 13G on April 9, 2026, reporting a new 7.9% ownership stake in Escalon Medical Corp. (ESMC). As of the event date of March 31, 2026, LPL Financial LLC beneficially owns 586,749 shares of Common Stock. The filing indicates that these shares are held in the ordinary course of business by clients who have granted discretionary authority to independent contractors of LPL to dispose of or direct the disposition of the shares. Consequently, LPL reports shared dispositive power over the full amount but zero voting power. The calculation of the percentage ownership is based on 7,415,329 shares outstanding as of February 13, 2026. This filing represents an initial disclosure of a significant holding by the investment adviser and broker-dealer, surpassing the 5% threshold required for SEC reporting. LPL Financial LLC has certified that the securities were not acquired for the purpose of influencing or changing the control of the issuer.