| Issue | #4 |
| Published | February 1986 |
| Frequency | monthly |
| Cover Price | 2.00 USD; 2.75 CAD |
| Pages | 52 |
| Editing | Brian Marshall; David M. Singer (Editor-In-Chief) |
| Characters | T.H.U.N.D.E.R. Agents [Dynamo; Lightning; NoMan; Raven; Undersea Agent]; Kitten Kane; Iron Maiden |
| Genre | superhero; spy |
| Pencils | George Perez (signed) |
| Inks | George Perez (signed) |
| Colors | Paty Cockrum |
| Notes | Cover colorist credited on the letters page of issue #3. |
| Script | David M. Singer |
| Letters | typeset |
| Characters | Raven; Steve: Lawrence; Jeff (three thugs, all die in this story) |
| Synopsis | When a hostage situation takes the life of a guard, the Raven comes to help. The three crooks get the drop on him, but he manages to subdue them without his special outfit or weapons. |
| Genre | superhero; spy |
| Script | Dann Thomas |
| Pencils | George Perez |
| Inks | Dan Adkins |
| Colors | Paty Cockrum |
| Letters | Sean Workman |
| Script | David M. Singer |
| Letters | typeset |
| Characters | Lightning; Price |
| Synopsis | When a 5th world leader is killed, THUNDER learns the true extent of Anarchy, Inc.'s plans. Lightning races to the closest corpse to reveal the plot by accelerating the explosive chemical in the dead men's bodies. |
| Genre | superhero; spy |
| Script | Tom Bierbaum; Mary Bierbaum; Keith Giffen (co-plotter) |
| Pencils | Keith Giffen |
| Inks | Rick Bryant |
| Colors | Paty Cockrum |
| Letters | John Workman |
| Characters | NoMan; the Chief; Cyrano De Klopps |
| Synopsis | The Chief assigns NoMan to hunt down Cyrano de Klopps, who not only has replaced his real arm with a cybernetic one, but has also stolen Dr. Jennings' THUNDER weapons blueprints in order to create the THUNDER suit. |
| Script | Stephen Perry |
| Pencils | Steve Ditko |
| Inks | Greg Theakston |
| Colors | Greg Theakston |
| Letters | John Workman |
| Notes | Story continued from last issue. |
| Characters | Dynamo [Len Brown]; Iron Maiden [Rusty]; Undersea Agent; Menthor (a new character); the T.H.U.N.D.E.R. Squad [Weed; Dynamite; Kitten]; Lightning; R. J. Michaels; NoMan (cameo) |
| Synopsis | As Dynamo agrees to the Iron Maiden's demands, a new Menthor tracks Iron Maiden mentally and sends an image of her whereabouts to Lightning who races to the rescue. Len and Rusty finish their business as Menthor takes control of Rusty. They dress and Rusty frees Undersea Agent. Lightning arrives but suffers a heart attack. In the confusion, Iron Maiden gains control of her own mind and escapes. |
| Script | David Singer; Brian Marshall (plotter) |
| Pencils | Rich Buckler |
| Inks | Rich Buckler |
| Colors | Paty Cockrum |
| Letters | John Workman |
| Notes | Continued from last issue. |