FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Expires: January 31, 2005 Estimated average burden hours per response... 0.5

(Print or Type Responses)

1. Name and Address of Reporting Person * SKREDSVIG JANICE B   2. Issuer Name and Ticker or Trading Symbol PACCAR INC [PCAR] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) VICE PRESIDENT & CIO (Last) (First) (Middle) 777 106TH AVENUE NE 3. Date of Earliest Transaction (Month/Day/Year) 09/05/2006 (Street) BELLEVUE, WA 98004 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price COMMON STOCK (SIP) (1)               2,179.8 (1) D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

STOCK OPTION (2)

$ 20.93 (3)

01/01/2006

01/15/2013

COMMON STOCK

8,430 (3)

8,430 (3)

D

STOCK OPTION (2)

$ 37.97 (4)

01/01/2007

01/15/2014

COMMON STOCK

4,801 (4)

4,801 (4)

D

STOCK OPTION (2)

$ 48.17 (3)

01/01/2008

01/20/2015

COMMON STOCK

5,292 (3)

5,292 (3)

D

STOCK OPTION (2)

$ 48.34 (3)

01/01/2009

01/26/2016

COMMON STOCK

6,036 (3)

6,036 (3)

D

COMMON STOCK (LTIP) (5)

(5)

09/05/2006

J(6)

7.5

(5)

(5)

COMMON STOCK

7.5

$ 56.38

2,111.4 (7)

D

COMMON STOCK (DICP) (8)

(8)

09/05/2006

J(9)

21.5

(8)

(8)

COMMON STOCK

21.5

$ 56.38

6,079.7 (10)

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
SKREDSVIG JANICE B 777 106TH AVENUE NE BELLEVUE, WA 98004			VICE PRESIDENT & CIO

Signatures

Janice B. Skredsvig		09/07/2006
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Shares held in PACCAR Savings Investment Plan (SIP). On July 11, 2006 PACCAR declared a stock dividend of one additional share of common stock for every two shares of common stock payable August 10, 2006 to all holders of record of common stock on July 27, 2006. However, SIP shares not adjusted for 50% stock dividend pending receipt of SIP trustee's report.
(2)	Option to buy awarded under PACCAR Long Term Incentive Plan (LTIP).
(3)	Number of derivative securities, underlying securities and price adjusted to reflect 50% stock dividend.
(4)	Number of derivative securities, underlying securities and price adjusted to reflect 50% stock dividend. Reporting person received $7.11 for a fractional share, valued as of July 27, 2006.
(5)	Share units held in deferred phantom stock account under LTIP convertible to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions.
(6)	Dividend on share units held in deferred phantom stock account under LTIP reinvested pursuant to LTIP.
(7)	Pursuant to the anti-dilution provisions of the LTIP, total adjusted by 701.3 additional units to reflect 50% stock dividend.
(8)	Share units held in deferred phantom stock account under PACCAR Deferred Incentive Compensation Plan (DICP) convertible to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions.
(9)	Dividend on share units held in deferred phantom stock account under DICP reinvested pursuant to DICP.
(10)	Pursuant to the anti-dilution provisions of the DICP, total adjusted by 2,019.4 additional units to reflect 50% stock dividend.
Remarks: Fractional shares rounded to nearest 1/10.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.