> Character 26 was used to mark "End of file" even if the ASCII calls it Substitute, and has other characters for this. Number 28 which is called "File Separator" has also been used for similar purposes. [1]
I think today we would think of character 4 (End of Transmission, Ctrl-D) as the end of file/input marker, but historically Character 26/Ctrl-Z was used, even on disk.