# If you'd like to omit non-matching lines from the result; add ';d' to the end of the expression.
sed -E 's/(?<=\d)[[:blank:]]+(?!$)|[[:blank:]]+(?=\d)/|/gm;t' <<< "708 447 4797 JOHN SMITH 18000
708 447 4797 JOHN SMITH 18000
708 447 4797 JOHN SMITH 18000
708 -3.00 4797 JOHN SMITH 18000"
Please keep in mind that these code samples are automatically generated and are not guaranteed to work. If you find any syntax errors, feel free to submit a bug report. For a full regex reference for SED, please visit: https://www.gnu.org/software/sed/manual/html_node/The-_0022s_0022-Command.html