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Share-based compensation (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangements [Abstract]  
Disclosure of number and weighted average exercise prices of other equity instruments Changes during 2024, 2023 and 2022 for the PSU awards under the 2024-2026, 2023-2025, 2022-2024 and
2021-2023 LTIPs were as follows:
2024
PSU TSR
Weighted
average fair
value at the
grant date
(€)
PSU Synergies
Weighted
average fair
value at the
grant date
(€)
PSU
Compliance
Weighted
average fair
value at the
grant date
(€)
Outstanding shares unvested at
January 1
8,579,529
€12.79
5,970,230
€12.64
1,255,057
€12.76
Granted
1,936,088
5.72
—
—
1,908,977
11.94
Vested
(2,426,156)
17.07
(2,426,155)
14.55
(606,651)
14.55
Canceled
(242)
5.65
—
—
(242)
12.15
Forfeited
(1,030,392)
10.22
(377,453)
11.39
(303,028)
11.84
Outstanding shares unvested at
December 31
7,058,827
€9.76
3,166,622
€11.32
2,254,113
€11.71
2024
PSU
Electrification
Weighted
average fair
value at the
grant date
(€)
PSU AOI
Weighted
average fair
value at the
grant date
(€)
PRSU
Weighted
average fair
value at the
grant date
(€)
Outstanding shares unvested at
January 1
4,339,381
€12.64
3,479,043
€12.83
417,386
€15.82
Granted
27,111
20.99
2,581,419
12.07
43,271
14.80
Vested
(485,154)
14.55
—
—
(137,746)
18.14
Canceled
(121,287)
14.55
(323)
12.15
(692)
15.82
Forfeited
(538,637)
12.63
(870,598)
12.64
(33,405)
17.26
Outstanding shares unvested at
December 31
3,221,414
€12.35
5,189,541
€12.48
288,814
€14.39
2023
PSU TSR
Weighted
average fair
value at the
grant date
(€)
PSU Synergies
Weighted
average fair
value at the
grant date
(€)
PSU
Compliance
Weighted
average fair
value at the
grant date
(€)
Outstanding shares unvested at
January 1
6,352,440
€13.09
6,352,440
€12.61
1,588,222
€12.61
Granted
2,903,808
12.02
56,890
16.14
14,225
14.05
Vested
—
—
—
—
—
—
Canceled
—
—
—
—
—
—
Forfeited
(676,719)
12.43
(439,100)
12.43
(347,390)
12.59
Outstanding shares unvested at
December 31
8,579,529
€12.79
5,970,230
€12.64
1,255,057
€12.76
2023
PSU
Electrification
Weighted
average fair
value at the
grant date
(€)
PSU AOI
Weighted
average fair
value at the
grant date
(€)
PRSU
Weighted
average fair
value at the
grant date
(€)
Outstanding shares unvested at
January 1
1,587,998
€12.61
—
€—
—
€—
Granted
2,861,143
12.83
3,795,870
12.88
417,386
15.82
Vested
—
—
—
—
—
—
Canceled
—
—
—
—
—
—
Forfeited
(109,760)
12.43
(316,827)
12.83
Outstanding shares unvested at
December 31
4,339,381
€12.64
3,479,043
€12.83
417,386
€15.82
2022
PSU TSR
Weighted
average fair
value at the
grant date
(€)
PSU
Synergies
Weighted
average fair
value at the
grant date
(€)
PSU
Compliance
Weighted
average fair
value at the
grant date
(€)
PSU
Electrification
Weighted
average fair
value at the
grant date
(€)
Outstanding
shares unvested
at January 1
2,757,605
€17.07
2,757,605
€14.55
689,516
€14.55
689,285
€14.55
Granted
3,803,956
10.38
3,803,956
11.29
950,992
11.29
950,986
11.29
Vested
—
—
—
—
—
—
—
—
Canceled
—
—
—
—
—
—
—
—
Forfeited
(209,121)
16.50
(209,121)
14.27
(52,286)
14.27
(52,273)
14.27
Outstanding
shares unvested
at December 31
6,352,440
€13.09
6,352,440
€12.61
1,588,222
€12.61
1,587,998
€12.61
Changes during 2024, 2023 and 2022 for the RSU awards under the 2024-2026, 2023-2025 and 2022-2024 LTIPs
were as follows:
2024
2023
2022
RSUs
Weighted
average fair
value at the
grant date
(€)
RSUs
Weighted
average fair
value at the
grant date
(€)
RSUs
Weighted
average fair
value at the
grant date
(€)
Outstanding shares unvested at
January 1
11,062,707
€12.67
8,824,943
€12.77
4,316,256
€14.62
Granted
2,944,677
11.62
3,419,898
12.41
5,186,760
11.45
Vested
(3,432,046)
14.68
(365,601)
15.26
(310,968)
16.11
Canceled
(539)
11.71
—
—
—
Forfeited
(1,204,010)
12.20
(816,533)
12.51
(367,105)
14.02
Outstanding shares unvested at
December 31
9,370,789
€11.67
11,062,707
€12.67
8,824,943
€12.77
Changes during 2024, 2023 and 2022 for the Replacement Stellantis RSU awards from share-based payment plans
issued by the former FCA Group were as follows:
2024
2023
2022
Replacement
Stellantis
RSU awards
Weighted
average fair
value at the
grant date
(€)
Replacement
Stellantis
RSU awards
Weighted
average fair
value at the
grant date
(€)
Replacement
Stellantis
RSU awards
Weighted
average fair
value at the
grant date
(€)
Outstanding shares unvested at
January 1
—
€9.95
9,722,133
€9.95
17,520,829
€11.08
Anti-dilution adjustment
—
—
—
—
—
—
Granted
—
—
—
—
—
—
Vested
—
—
(9,597,921)
9.95
(6,923,401)
10.19
Canceled
—
—
—
—
—
—
Forfeited
—
—
(124,212)
—
(875,295)
10.05
Outstanding shares unvested at
December 31
—
€—
—
€9.95
9,722,133
€9.95
Changes during 2024, 2023 and 2022 for the Replacement Stellantis RSU awards from share-based payment plans
issued by former PSA were as follows:
2024
2023
2022
Replacement
Stellantis RSU
awards
Weighted
average fair
value at the
grant date
(€)
Replacement
Stellantis RSU
awards
Weighted
average fair
value at the
grant date
(€)
Replacement
Stellantis RSU
awards
Weighted
average fair
value at the
grant date
(€)
Outstanding shares unvested at
January 1
—
€—
6,422,078
€6.71
11,573,960
€7.9
Anti-dilution adjustment
—
—
—
—
—
—
Granted
—
—
—
—
—
—
Vested
—
—
(6,422,078)
6.71
(4,187,770)
8.78
Canceled
—
—
—
—
—
—
Forfeited
—
—
—
—
(964,112)
7.76
Outstanding shares unvested at
December 31
—
€—
—
€—
6,422,078
€6.71
Disclosure of key assumptions utilized to calculate the grant-date fair values for the PSU TSR awards The key assumptions utilized to calculate the grant-date fair values for the PSU TSR awards are summarized below:
2024
2023
2022
Key assumptions
PSU TSR Awards Range
Grant date stock price
€12.40 - €15.49
€15.37 - €15.64
€12.51 - €13.33
Expected volatility
37%
34%
42%
Risk-free rate
2.51%
2.94%
0.4%
Expected dividend yields
10%
9%
5%