New Individual: HTML codes are displayed in edit mode instead of < and > characters

Navigate to Contacts→New Individual
Fill in the Job title field with <>
Click "Save"
On the preview page, click Edit to edit the Job title field
Take a look at the field Result: HTML codes are displayed in edit mode instead of < and > characters. Please take a look at the attachment

Expected result: special characters should be displayed as entered

To upload designs, you'll need to enable LFS and have an admin enable hashed storage. More information