Experimental evidences have shown that the martensitic transformations in Heusler Ni–Mn–X (X = Ga, Sn, In, Sb) melt-spun ribbons occur at lower temperatures as compared to the bulk alloys. The objective of this present study is to find out its origin based on martensitic Ni 50 Mn 41 Sn 9 ribbons at room temperature. In the cross sectional view of the ribbon, novel highly-ordered columnar microstructure is observed. It is proposed that large internal stress was produced due to the refined highly-oriented martensitic columnar grains, which produced refined martensite plates in different orientations. The refined microstructure and dense martensite plates in different orientations cause the retardation in martensitic transformation. Meanwhile, the martensitic crystal structure evolves from seven-layered monoclinic in the bulk as-cast alloy to four-layered orthorhombic in the melt-spun ribbons with the decrease of the transition temperature.