Lunar irregular mare patches (IMPs) comprise dozens of small, distinctive, and enigmatic lunar mare features. Characterized by their irregular shapes, well‐preserved state of relief, apparent optical immaturity, and few superposed impact craters, IMPs are interpreted to have been formed or modified geologically very recently (<~100 Ma; Braden et al. ). However, their apparent relatively recent formation/modification dates and emplacement mechanisms are debated. We focus in detail on one of the major IMPs, Sosigenes, located in western Mare Tranquillitatis, and dated by Braden et al. () at ~18 Ma. The Sosigenes IMP occurs on the floor of an elongate pit crater interpreted to represent the surface manifestation of magmatic dike propagation from the lunar mantle during the mare basalt emplacement era billions of years ago. The floor of the pit crater is characterized by three morphologic units typical of several other IMPs, i.e., (1) bulbous mounds 5–10 m higher than the adjacent floor units, with unusually young crater retention ages, meters thick regolith, and slightly smaller subresolution roughness than typical mature lunar regolith; (2) a lower hummocky unit mantled by a very thin regolith and significantly smaller subresolution roughness; and (3) a lower blocky unit composed of fresh boulder fields with individual meter‐scale boulders and rough subresolution surface texture. Using new volcanological interpretations for the ascent and eruption of magma in dikes, and dike degassing and extrusion behavior in the final stages of dike closure, we interpret the three units to be related to the late‐stage behavior of an ancient dike emplacement event. Following the initial dike emplacement and collapse of the pit crater, the floor of the pit crater was flooded by the latest‐stage magma. The low rise rate of the magma in the terminal stages of the dike emplacement event favored flooding of the pit crater floor to form a lava lake, and CO gas bubble coalescence initiated a strombolian phase disrupting the cooling lava lake surface. This phase produced a very rough and highly porous (with both vesicularity and macroporosity) lava lake surface as the lake surface cooled. In the terminal stage of the eruption, dike closure with no addition of magma from depth caused the last magma reaching shallow levels to produce viscous magmatic foam due to H2O gas exsolution. This magmatic foam was extruded through cracks in the lava lake crust to produce the bulbous mounds. We interpret all of these activities to have taken place in the terminal stages of the dike emplacement event billions of years ago. We attribute the unusual physical properties of the mounds and floor units (anomalously young ages, unusual morphology, relative immaturity, and blockiness) to be due to the unusual physical properties of the substrate produced during the waning stages of a dike emplacement event in a pit crater. The unique physical properties of the mounds (magmatic foams) and hummocky units (small vesicles and large void space) altered the...